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

Search Results

Showing 661 - 670 of 2183 results for "Financial Year"

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 ...

ASIC drops Regal action

ANNABELLE DICKSON  |  WEDNESDAY, 16 JUN 2021
... March then rising 12.5% in May. The fund has since regained significant losses and is returning 21.20% over the financial year, according to Morningstar data.

Centuria launches unlisted fund

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... domestic market." Huljich forecasts that the fund will yield 5.25% in FY22 and will grow to 5.35% in the ensuing financial year. Following the merger with Primewest, Huljich said Centuria will be one of the largest unlisted property fund managers in ...

Interprac grows advice network

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... Planning Solutions and Melbourne-based SFG Financial Services (not to be confused with Shadforth) by the end of this financial year. It will pay a total consideration of $500,000 that comprises $150,000 of cash paid upfront. The two firms are formerly ...

Global Merces MD cops ASIC ban

KARREN VERGARA  |  MONDAY, 31 MAY 2021
The corporate regulator has banned Holly Grofski, the managing director of Global Merces Funds Management, from working in financial services for six months. ASIC's banning order is in addition to the criminal charges Grofski is facing, which alleges ...

Charter Hall grows portfolio by $800m

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
... and 4% per annum. The acquisition brings Charter Hall's office portfolios to more than $23 billion. In total this financial year, Charter Hall has added about $7 billion via acquisitions. "We continue to deliver on the long WALE and government lease ...