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Showing 271 - 280 of 2175 results for "Financial Year"

Clime shakes up board again

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... Baragwanath was named acting managing director after chief executive Annick Donat stepped down in July. The last financial year was another "challenging period" for Clime, reporting a statutory loss of $3.8 million. During the period, it offloaded Madison ...

ASIC cancels fewer AFSLs in FY24

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
ASIC cancelled or suspended 239 AFS licences (AFSLs) in the 2024 financial year, which is 9% lower than the prior period. Report 797 Licensing and professional registration activities, which tracks licensing and professional registration activities ...

Australia's best-performing super fund says no to crypto

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
Colonial First State (CFS), the best-performing super fund of the last financial year, has ruled out the idea of adding crypto to its investment portfolio. Despite its popularity, with nearly five million Australians owning crypto, CFS chief investment ...

QIC reports $9bn record earnings

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
Queensland Investment Corporation's (QIC) earnings topped a record $8.9 billion in the last financial year, buoyed by most investments outperforming their targets. QIC's assets under management also increased to $111.7 billion with the help ...

Soul Patts sees profits slide 28%

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... total revenue to $1.09 billion in FY24, - and New Hope, which saw revenue drop 24.6% to $1.8 billion. "The 2024 financial year was one of changing portfolio mix as we actively managed investments and pursued opportunities in private equity, credit, and ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
... highlighted that the big eight dominate net flows, capturing nearly 93% of total superannuation net flows in the 2022-23 financial year. AustralianSuper alone had net flows approaching $20 billion - equivalent to absorbing a medium-sized fund annually ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... bold bet follows a rough year for the $1.9 billion WAM Leaders portfolio, which returned just 2.8% in the 2024 financial year versus a 12.1% rally by the S&P/ASX 200 Accumulation Index. Haupt blamed the underperformance on positions in Star Entertainment ...

HAFF receives first round commitments

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... domestic violence and older women at risk of homelessness. Approximately 700 of the homes are due for completion this financial year, ready for tenants to move in. "Housing Australia would like to acknowledge the strong response to the first funding ...

Future Fund restructures investment leadership

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... result in redundancies. The Future Fund has $224.9 billion in assets under management, returning 9.1% in the 2024 financial year.

NZ Super Fund shines bright with standout return

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
New Zealand's sovereign wealth fund, NZ Super Fund, posted a herculean return of 14.94% this past financial year, trouncing its peers, according to data provider Global SWF. The fund outperformed its Treasury Bills benchmark - a measure based on the ...