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Showing 1421 - 1430 of 6679 results for "Sale"

ASIC winds up illegal land banking scheme

ALLY SELBY  |  MONDAY, 17 AUG 2020
... understands that most of the investors' money has been paid to a company called Old Hume Pty Ltd under a contract of sale signed by Askk to purchase the land," it said. Old Hume was not the registered proprietor of the land but had itself entered ...

Sales, reporting top buy-side pandemic struggles

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
A June survey of 250 capital markets executives found buy-side firms saw sales and reporting as the biggest challenge during COVID-19,while sell-side firms struggled most with trading and risk functions. FIS, which commissioned Longitude Partners to ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Praemium has posted a positive full-year result despite the impacts of global headwinds caused by the COVID-19 pandemic. The platform provider saw a 26% increase in global funds under administration to $20.3 billion, a 14% increase in revenue to $51.2 ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business. While a public market exit for the bank's subsidiary MLC Wealth is still on the cards ...

Mixed results at Bjelke-Peterson estate sale

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
A Lloyds auction of the estate of controversial former Queensland premier Joh Bjelke-Peterson produced mixed results. One of the big ticket items was a piece of paraphernalia from 1969, when the astronauts who landed on the moon toured the world attending ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
... possible. Company management had already undertaken much of this work as part of the unwinding of operations as a result of the sale of Wealthtrac to its original founders," Damien Hodgkinson of Olvera said. "We want to create as little disruption as ...

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... Cash net profit for the bank took a hit of 11.3% compared to FY19 at $7.29 billion. Statutory NPAT increased due to gains on sale from divestments, up 12.4% to $9.63 billion.

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... cooperate strategically and continue to benefit from the mutual business relationship, AMP said. Additionally, the AMP Life sale has been completed which the wealth manager said has simplified its portfolio releasing capital and positioned AMP for the ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... Cash net profit after tax took a hit, down 11.3% compared to FY19 at $7.29 billion. Statutory NPAT increased due to gains on sale from divestments, up 12.4% to $9.63 billion. The bank declared a final dividend of 98 cents per share fully franked, adding ...

Tough year at Challenger

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
Challenger this morning reported $416 million in statutory net loss for FY20, as its investments fell by $750 million during the COVID-19 pandemic. The -$416 million statutory NPAT is a stark contrast to previous years, where it reported $308 million ...