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Showing 1081 - 1090 of 6746 results for "Profit"

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
Even before the coronavirus vaccine was injected before Australian Prime Minister Scott Morrison's arm a day before the national roll-out on the 22nd of February this year, this 'Land Down Under' has already been returning to pre-covid normality. ...

Australian Ethical continues growth trajectory

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... has seen Australian Ethical post stellar half year results, despite the pandemic. Australian Ethical reported underlying profit after tax for the second half of 2020 of $4.9 million, up 11%. Net profit after tax attributable to shareholders was up 17% ...

JANA awarded mandate

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
... process in January 2021 and follows growth in JANA's investment advisory offering across insurance, retail and not-for-profit space. JANA head of insurance strategy Greg Wilkinson said the firm is impressed with TUH's strong member-centric approach and ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...

HUB24 lifts inflows, profit flat

ANNABELLE DICKSON  |  TUESDAY, 23 FEB 2021
The platform provider recorded a significant jump in platform inflows and funds under management while profit remained flat, according to its half-year results. Platform inflows jumped 24% to $3.1 billion on the 12 months prior while funds under management ...

CountPlus profit down 53%

ANNABELLE DICKSON  |  TUESDAY, 23 FEB 2021
The ASX-listed advice and accounting group posted a significant drop in net profit from $11.9 million to $5.5 million in its half-year results. Released today, the results also show adjusted net profit attributable to shareholders jumped 65% to $4.1 ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
Three-in-five Australian publicly listed companies have either cut or withheld their dividends during 2020 as a result of COVID-19, a global dividend index shows. Between April and December 2020, Aussie firms either cut or cancelled dividend payments ...

Macquarie to profit off severe weather

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... Texas after severe weather conditions caused the collapse of its local electricity supply. Macquarie expects its annual profit to increase by between 5% and 10% on the previous year as client demand has increased for its stores of energy. Texas' independent ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
Bank of Queensland has acquired industry super-owned ME Bank for $1.325 billion. The move sees BOQ acquire 100% of ME Bank for $1.325 billion cash, funded by an underwritten capital raising of $1.35 billion. The price represents 1.15 times ME's ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
Netwealth's revenue from its cash transaction accounts could fall in the next year as the risk of ANZ Bank renegotiating the rate rises, according to Macquarie. Netwealth had $38.8 billion in total funds under advice at December end. Of this, about ...