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Showing 41 - 50 of 6168 results for "Sale"

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... group's NPAT for 1H24 was more than 4000% higher at $27.8 million, primarily due to offloading Morrison Securities. Despite the sale, revenues also increased, coming in 43.7% - or almost $20 million - higher at $62.8 million. Normalised EBITDA was $3.6 ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... pay tax on that growth as it as it happens, and not giving you a discount. So that's definitely bad. But at the time of sale, it's profoundly better to make a realised capital gain in super," she said. Another issue SMSFs must bear in mind is ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... Meanwhile, expenses fell by about 19% because of optimisation benefits. As predicted, adviser numbers dropped to 1199 due to the sale of Millennium3, closure of Lonsdale, and changes to Bridges. The migration of clients and assets from MLC Wrap to the ...

Iress reports $137m loss in 'challenging year'

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... project. It has made significant strides this year in capital repatriation through asset sales and debt retirement. Notably, the sale of MFA in October generated $50.5 million in gross proceeds and the sale of the Platform business is on course for completion ...

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
Link Group is on track to become part of Mitsubishi UFJ Financial Group (The Trust Bank) by mid-2024, having kicked off work to integrate the businesses. In a trading update this morning, Link said it has filed all major regulatory approval submissions ...

Janus Henderson makes two senior appointments

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
Janus Henderson Investors appointed a local head of retail research for Australia and hired a sales director from T. Rowe Price. Craig McDonald was promoted to the newly created role of head of retail research for Australia, having previously served ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... big win for Queensland with both Suncorp and ANZ announcing significant jobs and investment packages as part of the bank sale process," McLoughlin said. Suncorp Group chief executive Steve Johnston added that the sale of the bank would result in Suncorp ...

Sydney HNWI drops $24m on EG building

CHLOE WALKER  |  THURSDAY, 15 FEB 2024
... "EG's commitment to thriving neighbourhoods and communities will continue to exist within our developments even post the sale of the apartments, with the Little BIG Foundation engaging with tenants across commercial and residential real estate to drive ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
Despite seeing an influx of independent financial advisers' (IFAs) business, AMP continues to seek alternatives for its advice unit as it reports another loss. In the first half of the 2024 financial year, the wealth firm recorded a 33% year on ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
Challenger has awarded a mandate to a major professional services firm to overhaul its technological infrastructure. Accenture has been mandated for seven years to upgrade Challenger's technology that will ultimately affect customers, financial ...