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Showing 201 - 210 of 2129 results for "Financial Year"

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... an accounting loss on the sale of about $36 million due to separation and transition costs in its upcoming 2024 financial year results. Neil Younger, Entireti's group chief executive and managing director, said: "Our size enables us to deepen our ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... quarter. "This decrease is expected with members maximising their annual contribution limits before the end of the financial year," APRA said. Benefit payments increased by 11.4% to $119.9 billion in the year ending in September 2024. This increase was ...

HPI calls Hostplus, Charter Hall takeover 'cheap'

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... chair Giselle Collins said. "HPI is expecting to deliver 19.7 cents per security in full-year distributions this financial year, up 3.7% on last year's distributions. Put simply, that's 58 pubs expected to spin off $39 million in cash distributions ...

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... embark on a complimentary report on financial reporting and audit surveillance of super funds. "This is the first financial year that financial reports of super funds were lodged with ASIC, and we plan to ensure that there is a high standard of reporting ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
Fronting a Senate hearing today, Cbus chief executive Kristian Fok said the fund's board is still considering whether it will appoint the replacement directors nominated by the CFMEU back in September. In September, the CFMEU administrator re-nominated ...

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... expecting. "The big drop in the annual rate was expected. It reflected a much smaller lift in award wages this financial year," Wu said. The ABS data revealed around 45% of jobs saw a wage change in the September quarter, down slightly (46%) from the ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... reduced total variable remuneration and redesigned the framework for key executives by 59% compared to the previous financial year as part of the "broad-based turnaround program." This does not affect the remuneration of managing director and chief executive ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... as CBA announced an unaudited cash net profit after tax of around $2.5 billion for the first quarter of the 2025 financial year, covering the period between 1 July 2024 to 30 September 2024. That was flat on the corresponding period a year ago. CBA increased ...

Perpetual reveals decade of philanthropy insights

ANDREW MCKEAN  |  TUESDAY, 12 NOV 2024
... general fundraising and bequests, fell from $540 million in 2019/20 to $398 million in the pandemic hit 2020/21 financial year. The report said the downtown wasn't surprising given the "front of mind nature of the pandemic." Meanwhile, an examination ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... occurred in the first year of the contract when Iress reported incorrect contributions to the ATO for the 2021-2022 financial year, resulting in 9% of the fund's defined benefit members receiving Excess Contribution Notices stating an incorrect amount. ...