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Showing 681 - 690 of 2129 results for "Financial Year"

Australian Unity profits plummet

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
Australian Unity has seen its profits plummet more than 70% compared to the previous financial year, with the group noting the impacts of COVID-19 saw it miss out on about $26 million in profit. Australian Unity reported a profit after income tax of ...

New research head at Centrepoint Alliance

KANIKA SOOD  |  TUESDAY, 8 SEP 2020
... left in mid-May to head investments in AMP's superannuation trustee office. Centrepoint added net 17 advisers last financial year, taking its total to 317 licensed advisers. It reported $131 million in FY20 revenue (up 11%). The average authorised representative ...

Majority of ERS applications double dippers

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... double dippers, according to the most recent APRA data. In the period from the scheme's inception until end of financial year, 2.54 million applications were received. In the period from July 1 to August 30 1.22 million repeat applications have been ...

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... regulator wants to publish enhanced versions of the MySuper, insurance and choice heatmaps. At the end of the 2022 financial year, it aims to: finalise strengthening prudential standards SPS250 Insurance and SPS530 Investment Governance. By the same ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
... ending June 30, significantly outperforming its global benchmark (MSCI World Net TR), which increased 4.8% over the financial year. Since its inception in November 2018, HM1 has generated a pre-tax return of 51.3%, compared to the benchmark's 18.2% over ...

Argo Infrastructure posts $9.3m loss, but increases dividends

ALLY SELBY  |  MONDAY, 31 AUG 2020
... market cap at June 30 was $294 million, which lifted to $300 million on Friday at close of market. For the 2019 financial year, Argo Investment's had a market cap of $344 million. Yet, the company has increased its fully franked divided to 7.5 cents ...

Earnings season worst on record: CommSec

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
... profit for the year to June while 52% recorded a loss. The last time a lower outcome occurred was in the 2014/15 financial year with 80% of companies issuing a statutory profit. Just over 87% of ASX 200 companies issued a dividend in its interim results ...

Challenges on the horizon for CountPlus

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... million, up from $8.5 million in the preceding period. The strengthened balance sheet may come to be useful in this financial year as chief executive Matthew Rowe said Count Financial will be faced with the consequences of the Royal Commission including ...

No bonus again for Platinum's Clifford

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... plans. No member of the investment team received variable awards in the period. Platinum Asset Management ended the financial year with 6% lower total funds under management, going from $25.3 billion on 30 June 2019 to $23.7 billion at this June end. ...

Australian Ethical benefits from seismic cultural shift

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
... Australian Ethical has seen almost 10,000 new members invest in its super and managed funds offerings in the past financial year, while institutional players - including other super funds - have also been knocking at the door. "We are fielding calls ...