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| | | ... cumulative increase in the real income of Australians. The value of this impact is equivalent to a one-time increase in the average income of Australians by approximately $1171 per person. The funding created 6570 full-time jobs per year across Australia. ... |
| | | | ... profitability. According to Investment Trends' 2023 Adviser Business Model Report, the number of advisers has decreased, but on average those who are left, are servicing larger client books. According to the ASIC FAR, the number of financial advisers ... |
| | | | ... posted an underlying net profit of $191 million, down 15% on the previous year. The profit drop was the result of lower average funds under management and advice and repricing. Bottom line earnings were $51 million, up 39%, on gains made from the sale ... |
| | | | ... he said. A final driver is productivity driven by consolidation. As the overall number of farms steadily declines, the average size of each farm is on the rise. This isn't a coincidence but an inevitable consequence of economic principles: scale ... |
| | | | Institutional investors need to prepare for what would happen when Australia's temperature hits 50 degrees and analyse the impacts on investments and communities. The impact of a 50-degree day was the subject of a climate risk simulation exercise at ... |
| | | | ... of the portfolio's diversification across international markets and private assets. He also reinforced that the fund's average return over 10 years sits at 8.8%. "Share markets were surprisingly strong through the second half of the financial year as ... |
| | | | ... superannuation members. Australian Ethical's operating revenue increased 15% to $81.1 million, attributed to a higher average FUM after the SFT with Christian Super, solid investment performance, and ongoing positive net inflows. The company's ... |
| | | | ... program. Meantime, its underlying NPAT was down 15% on last year, coming in at $191 million. This was impacted by lower average funds under management and advice (FUMA) and some strategic repricing, it noted. The lower FUMA also impacted net revenues ... |
| | | | ... circumstances that mean women aren't on equal footing when it comes to being able to prepare for retirement or to retire well." On average, Australian women earn 13% less than their male counterparts, often work in industries with lower wages, take time ... |
| | | | ... It said the main cause of the decrease in profit was a $44.6 million decrease in management fees due primarily to lower average funds under management. Staff costs were $16.6 million higher compared to the prior period, primarily due to higher variable ... |
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