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Showing 3191 - 3200 of 7106 results for "June 2023"

HUB24 funds under administration to hit $3bn

MICHELLE BALTAZAR  |  MONDAY, 7 MAR 2016
There is no shortage of good news at listed company HUB24, which is forecast to almost double its funds under administration (FUA) within 12 months. The share price tells the story: From a 52-week low of just over a dollar, shares in the platform provider ...

ANZ ready to fight ASIC over BBSW

MARK SMITH  |  MONDAY, 7 MAR 2016
ANZ has strongly rejected allegations of rate rigging by the Australian Securities and Investments Commission (ASIC). The regulator last week launched its legal case against the bank in the Federal Court in Melbourne for market manipulation of the bank ...

NAB supports ex-adviser ban

ALEX BURKE  |  FRIDAY, 4 MAR 2016
NAB has come out in support of ASIC's decision to ban one of its former advisers for five years. ASIC said that Gerard McCormack engaged in "misleading and deceptive conduct between June and July 2013, when he was a NAB adviser." Specifically, McCormack ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
In case you missed it, finance and central bank head honchos of the Group of 20 (G-20) met over the weekend in Shanghai. But you may as well have (missed it, that is) for it was more of the same - promised-filled and action-short. In its communique ...

Link Group happy with Superpartners progress

MARK SMITH  |  FRIDAY, 26 FEB 2016
Link Group has reported a $4 million loss for the half-year to 31 December as a result of IPO costs but says it is seeing growth in all its revenue streams and is on track to meet its full year forecasts. The $4 million loss includes costs of $26.9 ...

ACE forced to pay $1m for poor Combined sales culture

MARK SMITH  |  FRIDAY, 26 FEB 2016
ASIC has accepted an enforceable undertaking (EU) from ACE Insurance following an investigation into one of its divisions, Combined Insurance. Under the EU, ACE Insurance is required to appoint an independent expert to review Combined's compliance systems ...

Charter Hall reports $143m profit

MARK SMITH  |  THURSDAY, 25 FEB 2016
Charter Hall Group has reported statutory profit after tax of $143.5 million, up 259.6%, for the six months to 31 December. The number includes $89 million from property valuation gains. The company also saw 17% growth in funds under management to $15.9 ...

Australian wages grow slowest on record but real is better

BENJAMIN ONG  |  THURSDAY, 25 FEB 2016
The Australian Bureau of Statistics' (ABS) latest update on wages may have disappointed expectations but also confirmed what workers have been experiencing all along. The Wage Price Index - total hourly rates of pay excluding bonuses - grew by 2.2% ...

Blue Sky lifts profits

MARK SMITH  |  MONDAY, 22 FEB 2016
Blue Sky Alternative Investments has lifted its half year net profit after tax to $4.4 million, up 69% on the first half of FY15. The company also grew its revenue 44% to $23.8 million. The company now expects its underlying NPAT for the year ending ...

Returns gap fuels 'dashboard' debate

ALEX BURKE  |  MONDAY, 22 FEB 2016
A revival of industry fund outperformance could play a major role in ongoing policy debate that is splitting the superannuation industry into two distinct factions. New research from Rainmaker Information, released in the latest edition of the Rainmaker ...