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Showing 281 - 290 of 6762 results for "Profit"

Future Generation appoints chief investment officer

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... youth mental health, and economic equality for women. Shareholders can choose which social impact partners or other not-for-profit organisations will receive the investment. Hopperton will also work closely with Future Generation chief executive Caroline ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
Challenger has reported a normalised net profit after tax (NPAT) of $225 million, up 12%, driven by higher earnings across its retirement income brand, Life, and its funds management division, according to its first-half 2025 results announcement. The ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... half-year 2025, which was more than threefold the amount earned in the prior corresponding period of $46.5 million. Statutory profit after tax of $274.5 million grew 680% from $35.2 million year on year.

Our results were strong: Alexis George

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
... proud of getting out there and selling it," George said. George said the company's results were strong, underlying net profit after tax was up 15% on the previous year. She acknowledged that statutory net profit was lower, explaining that last year ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... the Fiducian multi-manager funds. Fiducian earned operating revenues of $44.3 million, up 14% year on year. Statutory net profit after tax was 26% higher at $8.6 million from $6.8 million. "Notwithstanding the uncertain environment with high interest ...

Foreign investors banned from buying homes

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... identifying any investors who are acquiring vacant land, not developing it while prices rise and then selling it for a profit." Foreign investors that have already acquired or are proposing to acquire vacant residential or non-residential land will be ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... recommendations," it said. "The key recommendation of this interim report is to water down existing statutory requirements for profit to member ('industry') funds that provide equal representation of employee and employer representatives, and ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
AMP's statutory net profit after tax (NPAT) slumped to $150 million in the 2024 financial year, nearly half the previous year's result, which the firm attributed to simplification spend and the sale of its advice business. The prior year's ...

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... come, to feel confident in their financial future so they can look forward to retirement. "Australian Retirement Trust is a profit-for-members superannuation fund, and this foundation motivates its member centric culture and approach. Throughout the ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ...