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Showing 41 - 50 of 168 results for "Cash earnings"

BTFG flags platform overhaul

HARRISON WORLEY  |  MONDAY, 23 JUL 2018
... customer growth the revenue impact of the pricing changes would have been about $70 million or $50 million on a cash earnings basis for the 2017 financial year, if all customers that would have benefited from the administration fee changes had transitioned ...

BTFG reports first half earnings growth

HARRISON WORLEY  |  MONDAY, 7 MAY 2018
... in the six months to 31 March 2018, an increase of 5% on 2H17. Overall BT Financial group added $404 million in cash earnings to Westpac Group's interim results, with the funds management business contributing $253 million - 13% higher than its contribution ...

Chief economist update: A prelude to taper?

BENJAMIN ONG  |  WEDNESDAY, 10 JAN 2018
... 44-year high of 1.56 in the same month. Not surprisingly, wages are starting to pick up. Growth in average monthly cash earnings accelerated to 1% in the year to November - the fastest in 16 months - and with it (and the wealth effect from the soaring ...

Japan on reverse cycle?

BENJAMIN ONG  |  TUESDAY, 21 NOV 2017
... a big deal though when scouring through the details of the National Accounts. Certainly, incomes are rising with cash earnings up by 1% in the year to September (up from 0.7% in the previous month) but it appears that the economy couldn't go beyond this ...

Westpac Group results solid despite challenges

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
... Financial Group's Panorama platform. Westpac reported a statutory net profit of $7.9 billion - up 7% year on year - and cash earnings of more than $8 billion for the same period, showing an increase of 3%. The Group said the result was weakened by $118 ...

Suncorp hails diversity amid profit boost

ALEX BURKE  |  THURSDAY, 3 AUG 2017
... per share, bringing the total dividend to 73c per share, fully franked. This represents a payout ratio of 82% of cash earnings.

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... quality, the bank said. The group reported an unaudited statutory net profit of $2.6 billion, up 8% year-on-year; cash earnings were also up 4% to $2.4 billion. CBA's capital adequacy ratio stood at 9.6%, up 37 basis points from December 2016. APRA requires ...

BTFG drags Westpac performance

KARREN VERGARA  |  MONDAY, 8 MAY 2017
... achieved significant strategic milestones across the business. Despite contributing $397 million in the group's cash earnings, the division reported net operating income of $1.1 billion, down 5% on the prior corresponding period. Profit before tax of ...

Lifted by external demand

BENJAMIN ONG  |  TUESDAY, 14 FEB 2017
... it was flat over the quarter, down from a 0.3% increase in Q3. The recent wages report shows why. Average monthly cash earnings in the country increased by a mere 0.1% in the year to December, down from 0.5% in the previous month and much less than market ...

Little pay, little spend

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
... ones, particularly with respect to the Bank of Japan's goal of reviving inflation in the economy. Average monthly cash earnings in the country increased by a mere 0.1% in the year to December, down from 0.5% in the previous month and much less than market ...