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Showing 631 - 640 of 3400 results for "Revenue"

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... indebtedness in Australia remains low, many businesses face rising cost pressures, higher interest expenses and slowing revenue growth. "Forbearance assisted many firms through the pandemic but is now winding down and insolvencies have started to pick ...

First Sentier launches small cap fund

CASSANDRA BALDINI  |  FRIDAY, 7 OCT 2022
... way," First Sentier head of Australian small and mid cap companies Dawn Kanelleas explained. "As small companies flourish, revenue and earnings growth have the potential to expand at their fastest rate in the company's lifecycle -growth that larger ...

Prime Financial acquires SMSF administrator

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... Administrator Intello. The acquisition will see Prime Financial Group's SMSF division represent approximately 20% of group revenue and enhance its market position among Australia's largest self-managed super fund (SMSF) administrators. "Our goal ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... a sector level, rather than sub-sector level, and apportion costs amongst entities using a generalised metric such as revenue or turnover. This could be done by using the current grouping of sectors in the existing model, or by creating new sectors based ...

Court dismisses CBA, CFS conflicted remuneration case

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2022
... CFS's Essential Super between July 2013 and June 2019. Under an agreement, CBA was entitled to 30% of the total net revenue derived by CFS from the product every financial year. In total, this amounted to about $22.7 million over nine payments. ASIC ...

More consolidation is needed, says Diverger chief

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
... "The industry is fundamentally a cottage industry, so more than half the advice firms are less than $1 million dollars of revenue. Scale creates the ability to invest." In June, Diverger made a bid to acquire Centrepoint Alliance, but it fell through. ...

Advice technologies seeing adoption boom

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
... report, AdviceTech Stars use a greater number of technologies than the average firm and spend more as a percentage of revenue of technology around 9.7% compared to 8.0% of overall firms. Critically, the report explained these firms dedicate appropriate ...

RBA progresses digital currency project

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
... technology agnostic, and genuinely puts it out as a decentralised coin," he said. "An RBA-backed stablecoin could provide tax revenue to the Australian Government in a DeFi sector that is growing rapidly." But he argued only having Australian entities ...

Acquisitions underpin WT Financial Group results

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
... you've got your pricing proposition, perfecting your asset and drive profitability," he said. WTL further reported total revenue was up 664% to $103.63 million from FY2021 $13.56 million. It had an underlying operating loss of $998,000 and wrote ...

Link acquisition deal terminated

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
... Group's shareholding in PEXA, to maximise value for shareholders. The administrator also reaffirmed its FY23 guidance with revenue projected to increase by a low single digital percentage, operating EBITDA projected to be approximately 8-10% higher than ...