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Showing 371 - 380 of 3400 results for "Revenue"

Most advisers satisfied with success: Research

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
... (loss) and up to 60%. While this averaged to 23% for the group, the research found advice practices want to boost their revenue to 34%. "It's essential to differentiate between what firms aim for and what they achieve, although comparing EBIT across ...

Average super balances fall

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... to $164,000. The Australian Taxation Office (ATO) released its annual taxation statistics report, showing the total tax revenue collected by the ATO was $530.1 billion for the 2021-22 financial year. Of that, 50.3% came from individual income tax ($266.7 ...

Older clients boost book values

KARREN VERGARA  |  THURSDAY, 13 JUN 2024
... investment and super clients aged 80+ years old have seen their multiples rise by 10% to 0.9x-1.1x the annual recurring revenue compared to the prior year of 0.8x-1.0x. Investment and super clients aged 65-79 now go for 1.9x-2.5x, while those aged up ...

QIC splashes $32m on PEP acquisition

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... control and office supplies. QIC head of multi-sector private debt Phil Miall said: "ATOM has a diversified and stable revenue base, with wide sector and geographic coverage and extensive range of products, making it a solid value proposition and compelling ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
... between 25 and 50 companies from "a select subset of the global infrastructure market that Lazard believes provides higher revenue predictability, profitability, and lower volatility." According to the Target Market Determination (TMD), it invests only ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... has been made to the Melbourne-based firm. If the offer is successful, the firm is expected to generate some $12 million revenue for PFG in FY24. "The potential acquisition is incomplete and remains subject to satisfaction of further conditions including ...

Super tax concessions cost $54.5bn in lost revenue: Research

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... concessions help high income earners avoid tax, exacerbate income and gender inequality, and come at a huge cost in foregone revenue. The research recommended ending, or at least limiting, super tax concessions for the top 10% of earners and those whose ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
... sands. Court documents showed that Active Super said it wouldn't invest in companies deriving more than 10% of their revenue from gambling. Conflictingly, in its Impact Report, which is meant to show how the super fund's investments make a difference ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... million per annum. It said this would be achieved as a run rate in FY25. "We confirm the previously announced expected revenue synergy of $5.8 million per annum run rate in FY25, capital release of $10 million expected by the end of the calendar year ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... seeking compensation, remains. The problem was first called out back in 2018 by the Turnbull government's minister for revenue and financial services Kelly O'Dwyer, who decried how, for too long, perpetrators of horrific crimes have manipulated ...