Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2841 - 2850 of 6939 results for "% December"

Good credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
The latest lending stats out of the Eurozone continue the developing good news story in the single currency area despite the lingering political uncertainty - elections in France, the Netherlands and Germany - Brexit and continuing terrorist threat ...

Bad credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
Good one month, not so good the next. This is the story of private sector credit in Australia - the month-on-month growth rates, at least. Total private sector credit went up by a lower than expected 0.2% in the month of January - the slowest pace since ...

Bravura continues to grow

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
Bravura Solutions recorded a 10% increase in wealth management revenue in the half-year to December 31 2016. The software provider's Sonata solution now accounts for 72.6% of total wealth management revenue, resulting in a 19.5% increase year on year ...

Pricing error shaves $2.2m off Australian Ethical profit

ALEX BURKE  |  TUESDAY, 28 FEB 2017
The cost of remediating a unit pricing error drove Australian Ethical Investments' 1H17 profits down 62% to $0.5 million. The consolidated net profit, which includes the results of the Australian Ethical Foundation, was also impacted by employment restructure ...

Future Generation to donate $6.8m

KARREN VERGARA  |  TUESDAY, 28 FEB 2017
Future Generation Investment Company is on track donate $6.82 million to charities despite reporting a large drop in revenue and profit. Future Generation will deliver a significant donation in October to charities with a focus on children at risk and ...

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 ...

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 ...