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Showing 161 - 170 of 1042 results for "Gross"

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... Miller said. "This reflects a significant 42% increase in social assistance benefits (welfare payments) and 22% increase in gross mixed income (boosted by JobKeeper), while compensation of employees (wages) only saw a fall of 2.2% (also supported by ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
Australia's superannuation system continues to produce grossly inequitable outcomes between the financial security of Australian men and women in retirement, according to research from Per Capita. The research, titled The Herstory of Superannuation ...

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... Management managing director Don Hamson said despite the hearsay that dividends would be diminished as a result of the pandemic, gross equity income looks better as results on cash products diminish. "Over the coming 12 months Australian equities will ...

Challenges on the horizon for CountPlus

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... as a service under this revised model," Rowe said. The new advisers that came on board have generated $301,000 of annual gross revenue each compared to the $78,000 of the advisers that left. In addition, Count Financial undertook a member survey revealing ...

Centuria acquires industrial assets

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... million under a triple-net lease structure, with an initial yield of 5.5%. Meantime, the Brisbane-based property is 5893sqm of gross leasable area within a 9000sqm site. The industrial asset was acquired of $12.5 million, with an initial yield or 6.7%. ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... In fact, according to former Bank of Japan (BOJ) policymaker Takahide Kiuchi: "Japan will need about five years for the gross domestic product (GDP) to return to pre-pandemic levels" and that "Core consumer inflation will hover in slightly negative territory ...

Dealer group eyes aggressive expansion

ELIZABETH MCARTHUR  |  THURSDAY, 20 AUG 2020
... licensed advisers, Centrepoint said it was up 6% against the overall advice market which has contracted 13% in the last year. Gross revenue for the group grew by 11% to $131 million. Centrepoint said that in the last financial year its average authorised ...

Kogan Super reports growth

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... is provided through AIA Australia. Overall, the company reported revenue of $497.9 million, up 13.5% year on year, and a gross profit of $126.5 million, up 39.6% year on year. Among the other verticals Kogan launched in the last year were Kogan Cars ...

Fiducian posts $10.5m in FY20 profits

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... financial planning, corporate and platform administration - was mostly flat, rising only about 1% from FY19's $10,350. Group gross revenue was $54.9 million. The biggest contributor to profit, funds management ended June 30 with $2.79 billion in ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... increase in revenue to $51.2 million and a 25% increase in underlying EBITDA to $14.2 million. Praemium said it had record gross platform inflows of $3.3 billion, a 9% rise, and it posted a net profit after tax of $4.9 million which was a 91% increase ...