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Showing 241 - 250 of 3449 results for "Revenue"

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... positions of individuals, companies, trusts, super funds and partnerships shows it collected $577.4 billion in total tax revenue in FY23. Some 4.2% came from super funds or $24 billion, while individuals contributed the highest with $298 billion or 51.6% ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Asset managers continue to face existential challenges amid the rise of passive funds, fee compression and difficulty in generating alpha, a new report from Citi shows, forcing them to rethink their business models and value propositions in the future. ...

Shaw and Partners splashes $63m for New Zealand expansion

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
... trans-Tasman growth, the firm said. ISG's funds under management are fully annuitised, providing a "strong base" of recurring revenue and a solid platform for future growth, strengthening and complementing Shaw and Partners' existing offering. ISG currently ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... the taxes on all the concessions on contributions and earnings, [it's] worth about $50 billion a year. That's foregone revenue that the government doesn't have to spend elsewhere," Coates said. "Those concessions will, in short order, cost more than ...

Australia progresses climate transition disclosures, planning

KARREN VERGARA  |  FRIDAY, 20 JUN 2025
Australia is showing progress with disclosing and adopting its clean energy transition initiatives as investors' demand for credible emissions reduction strategies grows, a study from MSCI shows. Among listed Australian companies analysed in the APAC ...

Green moves: Airtrunk, JPMorgan, T. Rowe Price

ELIZABETH FRY  |  THURSDAY, 19 JUN 2025
... and sustain the region's digital future. Bartrop has spent many years working in the renewable energy sector. As chief revenue officer at SOURCE Global, he oversaw innovative solutions for clean water access, leveraging his background in alternative ...

Increased local, international demand drives practice valuations

MATTHEW WAI  |  WEDNESDAY, 18 JUN 2025
... for client registers filled with older clients - 80 years and over - skyrocketing. They are now achieving 1.5x recurring revenue, which is a 36% increase year on year. Meantime, books dominated by clients aged between 65 and 79 increased to 2.2x-2.75x. ...

Link Wealth acquires boutique advice firm

ANDREW MCKEAN  |  FRIDAY, 6 JUN 2025
... more than 185 client families across Australia into Link Wealth's client book, bringing approximately $500,000 in annual revenue. It will also result in the establishment a new office in Burleigh Heads on the Gold Coast, marking Link Wealth's expansion ...

Lower interest rates conducive for bigger risk appetite, small caps

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
As interest rates continue to fall, small caps are poised to reap from the current macroeconomic backdrop and investors increasing their appetite for more risk, a fund manager says. Janus Henderson portfolio manager Nick Sheridan predicts the tide is ...

Iress completes sale of super business

MATTHEW WAI  |  MONDAY, 2 JUN 2025
... the super business for $40 million cash and additional payments of up to $20 million over 12 months subject to agreed revenue milestones. The terms remain unchanged from the announcement on January 20. Iress will continue to provide certain services ...