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Showing 2551 - 2560 of 6251 results for "December 29"

A good set of numbers (almost)

BENJAMIN ONG  |  TUESDAY, 28 FEB 2017
It was good. Nay, it was very good. The Australian Bureau of Statistics' (ABS) report on company profits helped explain the latest jump in the NAB survey that showed business conditions increased by 6 points to a reading of +16 in January - the highest ...

Diversa fuels OneVue fund services boost

ALEX BURKE  |  MONDAY, 27 FEB 2017
OneVue's acquisitions of Diversa and OneVue Super Services played a key role in boosting revenue in the group's fund services business by 86% to $8.5 million in the six months to 31 December 2016. OneVue said this represents a $3.9m increase in revenues ...

Inflows drive first net profit for HUB24

ALEX BURKE  |  MONDAY, 27 FEB 2017
HUB24 recorded its first net profit of $0.9 million in the half-year to 31 December 2016. In its half-year accounts, HUB24 attributed this dramatic upswing in profits to strong net inflows of $1.6 billion over calendar 2016. This is up from the company ...

Centrepoint growing wealth business

KARREN VERGARA  |  MONDAY, 27 FEB 2017
December half-year results for financial advice group Centrepoint Alliance were buoyed by the performance of its wealth division and the sale of its premium funding business. The ASX-listed company's wealth segment reported a 29% EBITDA increase on ...

Cbus names new portfolio manager

EMMA RAPAPORT  |  MONDAY, 27 FEB 2017
Industry superannuation fund Cbus is continuing to expand its in-house investment capability with the appointment of Anthony Seabrook. Seabrook, a former fund manager at the family office Portland House, will join Cbus as senior portfolio manager in ...

Platinum's AUM and profit take a hit

KARREN VERGARA  |  FRIDAY, 24 FEB 2017
Platinum Asset Management reported a significant drop in assets under management and profitability in the six months to December 2016. Total AUM of $23.2 billion was hit with a $1.7 billion net outflow, down 13% on the previous corresponding period ...

IFM sees value in handbags

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2017
The private equity arm of IFM Investors has branched out, making a significant minority investment in an Australian fashion accessory retailer. As part of a greater investment strategy, IFM bought into affordable handbag and accessory retailer Colette ...

In search of that elusive Australian animal spirit

BENJAMIN ONG  |  FRIDAY, 24 FEB 2017
Yesterday's decision by the Fair Work Commission to slash Sunday and public holiday penalty rates for hospitality, restaurant, fast food, retail and pharmacy workers threw another spanner in the works for RBA Governor Philip Lowe's positive outlook ...

Life insurance ranks lowest in customer satisfaction

ALEX BURKE  |  THURSDAY, 23 FEB 2017
Life insurance ranks the lowest of all insurance types, according to Roy Morgan research. In the year to December 2016, Roy Morgan's Single Source Survey of more than 9000 risk and life insurance policy holders found 67.4% were satisfied - down from ...

The power of optimism

BENJAMIN ONG  |  THURSDAY, 23 FEB 2017
... provides positive indications going forward. Unlike the seemingly inconsistent result from the NAB business survey for December - where business conditions gained 4 points while business confidence was flat - January's result showed business conditions ...