Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 2208 results for "Financial Year"

Australians lose $13.5bn by delaying retirement switch: HESTA

RIDDHIMA TALWANI  |  TUESDAY, 31 MAR 2026
... eligible, HESTA said. HESTA's latest whitepaper Make the move: guiding members to tax-free retirement found last financial year 1.8 million Australians remained in accumulation phase despite being eligible to switch, collectively forgoing $2.5 billion. ...

SMSFs continue to demonstrate competitive edge: Data

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2026
... Burgess said the findings demonstrate the long-term strength and resilience of the SMSF sector; in the 2023-24 financial year, SMSFs underperformed APRA funds by 1.4%, which it said aligns to previous findings they lag APRA funds in times of solid market ...

ASX partners with LSEG to upgrade derivatives platform

RIDDHIMA TALWANI  |  FRIDAY, 6 MAR 2026
... at scale." ASX recently flagged a jump of 20% in its total expenses to $264.4 million in the first half of the financial year, after it agreed to implement a package of reforms to improve its operations last year. ASIC had initiated an inquiry into ASX ...

Cbus calls for tax reform on TPD payouts in pre-Budget submission

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... web of rules and can pay up to 22% tax on claims. The average Cbus TPD claim was sitting at around $103,000 last financial year. Cbus chief executive Kristian Fok said removing tax on all TPD claims, not just those paid after age 60, would make the system ...

Strategic simplification lifts ClearView's profits

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
ClearView has reported a 77% increase in underlying NPAT of $22.1 million in the first half of the financial year, citing "disciplined strategic simplification and transformation" as the driver of the growth. Underlying NPAT for the life insurance business ...

L1 Group realises $24m of $35m merger cost synergies

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
... Platinum Asset Management in October formed the new entity; it expects additional $10 million in synergies in the next financial year. It reported a rise in total funds under management (FUM) to $17.6 billion across its strategies as at December 2025 ...

Iress sticks to simplification plan, will consider "bona fide" takeover bids

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
... bona fide takeover proposals consistent with its fiduciary duties. It has reported a profit of $79.3 million in financial year 2025, a decline of 10.6% from the previous year. Iress chief executive and managing director Andrew Russell said: "We have ...

UniSuper faces fresh greenwashing allegation

JAMIE WILLIAMSON  |  MONDAY, 23 FEB 2026
... it's because they're underweight resources, energy and materials, and overweight technology. So far, this financial year the GEO option has returned 1.86%. Over 10 years to January end, it's returned 8.63%. The option, which holds about $1.4 ...

OneVue adviser exits dents Praemium's FUA

KARREN VERGARA  |  MONDAY, 23 FEB 2026
... reported a total of $70.5 billion in funds under administration (FUA), up nearly 14%, in the first half of the 2026 financial year with net inflows coming to $1 billion. Scope+, the non-custodial portfolio administration offering, saw FUA grow 19% on ...

SMSFs avoid advisers due to lack of asset-specific support

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
The lack of asset-specific advice is increasing the advice gap for SMSFs in Australia, an expert said at the SMSF Association (SMSFA) Conference. During a panel discussion, Easy Super director Natalia Clack said she understood that financial advisers ...