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Showing 601 - 610 of 2128 results for "Financial Year"

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... before the committee, chaired by Liberal MP Tim Wilson today. The funds both reported record returns for the 2021 financial year, with Cbus returning 19.34% in its MySuper option and AustralianSuper's MySuper option returning 20.43%. They were the best ...

FYG expands network

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... Solutions joined the FYG group. ASIC adviser data shows that the group had 71 financial advisers at the end the 2021 financial year. "For me, when determining which licensee to choose, the advocacy for FYG amongst those in the industry that I greatly ...

Vision Super appoints new chair

ELIZABETH MCARTHUR  |  TUESDAY, 6 JUL 2021
... Vision Super has appointed its first female chair. Lisa Darmanin stepped into the role at the start of the new financial year, replacing Geoff Lake after his three-year term was completed. She has been a director of Vision Super since March 2018 as a ...

More advisers exit in June

KARREN VERGARA  |  MONDAY, 5 JUL 2021
Some 450 financial advisers left the industry in the last month of the financial year, taking the total population to 19,544, latest ASIC data shows. As at July 1, AMP Financial Planning finished the financial year with 690 advisers, while The SMSF ...

AustralianSuper posts best year yet

KANIKA SOOD  |  MONDAY, 5 JUL 2021
... The $225 billion super fund's balanced option returned 20.43% in the year ending June 30, making it its best financial year returns since its start in 2006. AustralianSuper chief investment officer Mark Delaney said the FY21 returns of 20.43% were ...

Cbus expecting 19% returns for year

KANIKA SOOD  |  THURSDAY, 1 JUL 2021
The industry fund is expecting to cap off the financial year with 19% returns, on the back of strong markets and a 1.5% to 2% alpha contribution. Cbus chief investment officer Kristian Fok yesterday said the 19% expected return was a "remarkable turnaround" ...

Homebuyer schemes speed up saving time

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... deposit." This comes as CoreLogic revealed the latest home values rose 1.9% in June, up 13.5% in annual growth for the financial year. Over the financial year, Darwin saw the highest annual rate of growth at 21% followed by Hobart (19.6), Canberra (18.1) ...

EOFY tips for advisers

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
Financial advisers should keep in mind some valuable tax breaks for their businesses as the 2021 financial year comes to a close. H&R Block director of tax communications Mark Chapman told Financial Standard temporary full expensing (TLE) is one tax ...

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
... its total direct investment. This is more than double America's allocation of 26.6% of total over the 2019-20 financial year. The FIRB annual report shows that while the value of foreign purchases of commercial property dropped by 46.8% in 2019-20 ...

CountPlus acquisitions boost revenue by $9.4m

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
The 11 financial advice and accounting firms CountPlus has acquired this financial year are anticipated to bring in $9.4 million in revenue. In an operational update to the ASX, CountPlus managing director and chief executive Matthew Rowe said the group ...