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Showing 631 - 640 of 6744 results for "Profit"

Could the anti-woke movement come to Australia?

ROSE MARY PETRASS  |  WEDNESDAY, 24 MAY 2023
... back on the idea that ESG is anti-workers. "We got here because we pushed planetary boundaries and exploited people for profit," Reynolds said. ESG is about avoiding long-term risk and capitalising on long-term investments into the clean economy, rather ...

ASIC issues stop orders to Saxo

CASSANDRA BALDINI  |  FRIDAY, 19 MAY 2023
... years. "Where overnight financing fees charged for such periods may be significant in aggregate and affect the potential to profit from a CFD position, among other risks," it said. ASIC further highlighted issues for single stock CFDs, ETF CFDs and index ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... Rainmaker finds. This is broadly in line with the 37% ownership super funds held at the end of March 2021, split across not-for-profit funds (13%), retail funds (9%) and smaller funds or self-managed super funds (15%). At the end of June 2022, industry ...

GAM shareholders challenge acquisition

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... shareholders, needlessly favours the bidder, and is contrary to Swiss takeover law. "The condition would allow Liontrust to profit from the upside of a potential sale while suffering none of the consequences of a failed divestiture, which GAM's shareholders ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... insurance cover provided in Sunsuper for life)," it said. In a statement, ART head of product Shane Mather said: "As a profit-for-members fund, ART does not take insurance premium increases lightly and we have sought to negotiate the best possible outcome ...

PwC chief exits over scandal

CASSANDRA BALDINI  |  TUESDAY, 9 MAY 2023
Tom Seymour has exited the top job following his involvement in the firm's tax leak breach, as PwC assurance leader Kristin Stubbins takes over in the interim. Following a discussion with the firm's Australian board, PwC announced Seymour would ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... Mercer. Platforms, Westpac Pacific, margin lending and auto finance business currently remain. Specialist Businesses' net profit rose a whopping 273% to $493 million thanks to the sale of Advance Asset Management. Westpac's overall net profit ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... management of $870.8 billion rise 10% year on year but failed to replicate this growth across its bottom line. MAM made a net profit of $2.34 billion in its full-year reporting period to March, down 23% year on year as a result of the disposition of ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... which can be hard to achieve," Worn said. Startups are renowned for burning through piles of cash and the inability to make profit or at least break even in the first few years. The top reasons why US startups fail, CB Insights found, is that 38% run ...

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
Insignia Financial will undertake a rebrand of sorts within its financial advice business in a bid to improve understanding of its various advice channels. It comes as it reports nearly $500 million in outflows for the Advised channel and further adviser ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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Brian Redican

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NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
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