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Showing 11 - 20 of 6762 results for "Profit"

Future Generation returns top 20%

VINNY VUCAGO  |  WEDNESDAY, 8 JUL 2026
Future Generation Australia has increased its fully franked interim dividend after it delivered a 20.1% total shareholder return over the past year. The company lifted its interim dividend to 3.8 cents per share, fully franked, taking the annualised ...

Netwealth expands Morgan Stanley mandate

KARREN VERGARA  |  TUESDAY, 7 JUL 2026
Amid expanding its stockbroking and private wealth capabilities, Netwealth has been picked by Morgan Stanley to provide a platform solution to its Australian wealth business. The new agreement will see Netwealth cater to Morgan Stanley's ASX-listed ...

HESTA, Cbus, Mercer report super returns

RIDDHIMA TALWANI  |  MONDAY, 6 JUL 2026
HESTA, Cbus and Mercer have delivered strong returns for members over the financial year 2025-26 despite global uncertainty, attributing it to their diversification strategy. HESTA's MySuper Balanced Growth option delivered 9.46% returns whereas Cbus ...

Vanguard delivers double-digit returns, Rest comes just shy

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
... international equity markets alongside contributions from the fund's private equity and infrastructure portfolios. The profit-to-member fund said the result exceeded the options to outperform its long-term investment objective of CPI plus 3% over rolling ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... financial advice or product failure. But holding a sector accountable for the failures of firms that intentionally prioritise profit to the detriment of their clients is both unsustainable and unjust," Burgess said. "It also demonstrates that the current ...

Bell Potter launches private wealth platform

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
Bell Financial Group (BFG) has launched Bell Potter Private Wealth (BPPW), a new platform that helps service its 300,000 clients with $92.1 billion in funds under advice. The platform centralises investment advice, portfolio management and consolidated ...

Advice fee spike raises super concerns: SMC

VINNY VUCAGO  |  MONDAY, 29 JUN 2026
... less delivered average annual investment returns of negative 9.5% over the past decade, compared with positive 7.0% for profit to member funds.

REI Super chief executive steps down

ELIZA BAVIN  |  FRIDAY, 26 JUN 2026
... Jarrod Coysh will be leaving the fund in September 2026. Coysh will be taking up the role of chief executive at GMHBA, the profit-to-member private health insurer. The REI Super board said it has commenced an external search process, which will include ...

ASIC secures record $300m penalty over 'egregious' CFD misconduct

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
... Australian financial services licensees remain fully accountable for misconduct conducted under their licences. "Entities that profit from their client's losses will face serious consequences," she said. The penalty orders have been stayed until July ...

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion. It floated 555 million shares at a price of US$135 per share. "The valuation being ascribed ...