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Showing 251 - 260 of 1129 results for "Gross"

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 ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... super fees came in at a total of $29.6 billion in 2019-20 - down 5% year on year. If we consider super assets as a share of gross domestic product, this converts to 1.6% of GDP. Looking at 93 not-for-profit funds, 68 retail offerings and seven eligible ...

Boutique launches multi-asset fund

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... defensive assets and 40% growth assets. The fund is permitted to obtain leverage via short selling (set at maximum 10% of gross asset value) or derivatives. It is managed by David Lewis (also the deputy chief investment officer) who joined from Merrill ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... dividend payout ratio. Last year, the big four banks accounted for about 30% of total dividends paid by S&P 200 stocks, on a gross basis including cash dividends plus franking, according to Plato Investment Management's estimates. "Today's announcement ...