Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 651 - 660 of 2129 results for "Financial Year"

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... to Costa Group, a horticultural company and fresh produce supplier. The 15-year lease term began in 2011. Last financial year, Vitalharvest made $10.1 million in net profit and had $285.6 million in assets under management. Primewest is the real estate ...

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
... complaints had risen to 80,546 from 47,223, which is a 14% increase in the monthly average compared to the last financial year. The ombudsman reported that it resolved 76,681 complaints during the 2019-20 financial year and awarded or obtained $258.6 ...

AustralianSuper dodges advertising scrutiny

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
... staying mum about how the super fund with 2.3 million members spent its advertising and marketing budget in the last financial year. Silk said that he does not know what proportion of members came from employers defaulting workers into the fund and how ...

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... rest were not-for-profit funds. Elsewhere in the report, Rainmaker's MySuper index returned its first negative financial year return since the Global Financial Crisis of -0.90% at the end of FY20. The index registered 5.1% p.a. (three years), 5.5% ...

UniSuper revises fees for TTR members

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... UniSuper wrote to members: "You will see a difference in the description and calculation of fees and costs for the financial year ending 30 June 2019 and 30 June 2020." "This is because our trustee has elected to opt into a revised fees and costs disclosure ...

First strike at Pengana LIC

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... is not remunerated by PIA. The director's fees for non-executive directors have remained constant since the 2018 financial year, when they were reduced by 23%."

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... appears that ANAO in fact had identified this issue of Mr Crennan's travel allowance payments in a previous financial year had brought it to the attention of ASIC and nothing was done about it," he said. "It is not normal for the auditor-general ...

Rest increases admin fees

JAMIE WILLIAMSON  |  MONDAY, 26 OCT 2020
... Capital Stable, Balanced, Diversified, High Growth, Basic Cash and Property options have reduced. "At the end of each financial year, Rest reviews the investment fees members pay for each Rest investment option. Actual costs from the past year are used ...

Ask and you shall receive

ELIZA BAVIN  |  MONDAY, 26 OCT 2020
... accesses the scheme, 1.3 million of which have accessed it twice taking advantage of the second tranche when the new financial year ticked over in July. There have been calls for a higher level of scrutiny over the scheme to ensure that only those who ...

Alternatives win big mandates

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
Alternatives asset managers won the most mandates last financial year, marking their best period yet, according to new research. Rainmaker's Mandate Chaser shows the last 12 months to June 2020 were busy for alternatives managers, experiencing a ...