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Showing 3491 - 3500 of 7106 results for "June 2023"

Insurers grow market share at cost of profits

ALEX BURKE  |  FRIDAY, 20 FEB 2015
The market share consolidation of Australia's four biggest wholesale insurers (TAL, AIA Australia, CommInsure and Metlife) is offset by declining profits in the long-term, according to Rice Warner's Wholesale Risk Insurance Report. The "big four" group ...

Magellan doubles profit, consolidates global presence

LAURA MILLAN  |  FRIDAY, 20 FEB 2015
Magellan Financial Group doubled its profit after tax to $77.4 million in the first half of financial year 2014-2015, while it kept strengthening its global presence. The group reported a revenue increase of 91% to $128.5 million during the six months ...

Market Wrap AM

AAP  |  MONDAY, 16 FEB 2015
The Australian market looks set to open higher following rises on international markets amid hope for Greece's bailout plan and a Ukraine ceasefire and strong economic data out of Germany. At 0807 AEDT on Monday, the March share price index futures ...

Ex-ANZ adviser sent to jail over $6m fraud

LAURA MILLAN  |  WEDNESDAY, 11 FEB 2015
A former ANZ financial adviser was jailed for six years and three months for defrauding over $5.9 million over a period of 20 years. Melinda Scott will serve three years and ten months in jail before being eligible for parole, the NSW District Court ...

Tsipras has a dream

BENJAMIN ONG  |  TUESDAY, 10 FEB 2015
... billion - reportedly what the government needs to meet debt repayments (a,-5 billion due next month) and its budget through June - with nary a condition. Talk about having your cake and eating it too and downing it with Moet & Chandon! The troika wouldn't ...

LSE to sell Russell Investments

ALEX BURKE  |  MONDAY, 9 FEB 2015
The London Stock Exchange Group (LSE) will sell the investment management arm of Frank Russell Co, which it acquired last year for US$2.7 billion. Following its comprehensive review of Russell Investments - originally announced in June 2014 - it announced ...

Future Generation fund makes $618k for charities

LAURA MILLAN  |  MONDAY, 9 FEB 2015
Future Generation Investment (FGX) will be able to donate $618,000 to charities after six months trading on the Australian Securities Exchange. The philanthropic fund gives investors exposure to 15 funds managed by 14 of Australia's top fund managers ...

Global appetite up, local confidence down

LAURA MILLAN  |  MONDAY, 9 FEB 2015
Appetite for overseas assets has increased by 3% over the last nine months over concerns that the Australian economy will not record healthy growth in the next year, a Certitude Global Investment survey has found. The Certitude Global Investment Intentions ...

SMSF sector enters next phase

LAURA MILLAN  |  MONDAY, 9 FEB 2015
The self-managed super fund (SMSF) sector is entering the stage of maturity as benefit payments surpass contributions for the first time. This industry tipping point was confirmed with the recent release of the Australian Taxation Office (ATO) statistical ...

It's raining jobs

BENJAMIN ONG  |  MONDAY, 9 FEB 2015
... Janet drop the "patient" phrase in March, and then two Federal Open Market Committee (FOMC) meetings thereafter - April then June - lift-off here we come. She told us so. But before this, we'll get a glimpse of the Federal Reserve Chairman's inclination ...