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Showing 251 - 260 of 2208 results for "Financial Year"

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... government's pre-election budget is expected to unveil an underlying cash deficit of $26.1 billion for the 2025 financial year, while revenues will deteriorate by $11.3 billion over four years, a new report from Deloitte shows. The deficit marks ...

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
A Sydney-based financial adviser has been permanently banned for acting dishonestly and exhibiting a fundamental lack of knowledge, integrity, and professionalism, ASIC said. Peter Surtenich has been permanently banned on March 6 from providing any ...

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... small win is that the gender pay gap in financial services marginally narrowed from 23.6% to 22.2% in the last financial year, newly released figures from the Workplace Gender Equality Agency (WGEA) show. Across all professions, this comes to a 21.8% ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... on a median and average basis, the latest Workplace Gender Equality Agency's (WGEA) report shows. The 2024 financial year shows that financial services employers barely closed in on their gender pay gap, although the WGEA says that they are making ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
... the fund will be attributed to you and shown on the final annual tax statement issued following the end of the financial year in 2025."

Praemium hunts for new chief financial officer

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... including $4.2 billion from OneVue. "This is an outstanding continuation of the momentum built through the 2024 financial year. We have greatly improved organic growth, repriced our core SMA to reflect top tier market position, rebounded from the impact ...

Iress posts strong profit rebound, completes transformation program

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
Iress has reported a statutory net profit after tax (NPAT) of $88.7 million for the 2024 financial year, a $226.2 million turnaround from the previous year's loss, while also announcing the completion of its transformation program. The financial software ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... improved our processes to prevent this happening again." The super fund made a provision for the penalty in its 2024 financial year accounts. Schroder said member administration fees did not increase to cover it. "Multiple member accounts are a problem ...

CSLR levy pain could hit $123m: FAAA

KARREN VERGARA  |  THURSDAY, 20 FEB 2025
The Compensation Scheme of Last Resort (CSLR) levy could potentially catapult to $123 million in the 2027 financial year, new estimates from the Financial Advice Association of Australia (FAAA) shows. Following the bombshell that the 2026 CSLR levy ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... $1.3 billion in FUA via a successor fund transfer (SFT) that is due to finalise in the second half of the 2025 financial year. The transaction is subject to client retention and market movements, HUB24 said, noting that if it goes ahead clients will ...