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Showing 51 - 60 of 303 results for "Jumpin"

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
Pendal reported a 41.5% jump in net profit after tax to $164.7 million in the year ending September, making up for the losses in its previous results. The funds management firm also recorded a 34.6% spike in revenue to $627.4 million and average funds ...

Praemium FUA doubles, profit slips

ANNABELLE DICKSON  |  MONDAY, 16 AUG 2021
The platform recorded 105% growth in funds under administration in its full-year results while profit after tax dropped 68%. Praemium recorded $1.5 million in profit after tax down from $4.0 million in FY20. Overall, revenue increased 28% to $65.8 million ...

Platform FUM grows

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
Platforms have seen strong increases in funds under management over the year to March 2021, new research shows. Plan For Life's latest analysis of wraps, platforms and master trusts revealed the leading market players all saw a rise in FUM. BT took ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
"March quarter 2021's moderate growth was influenced by regularly scheduled increases. Improved business conditions saw employers revisit wage reviews postponed during the height of the pandemic." This was how Michelle Marquardt, head of price statistics ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
Latest inflation figures released by the Australian Bureau of Statistics (ABS) underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. ...

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
The Australian Securities Exchange (ASX) has recorded a fall in profit in its half-year results and has replaced its chair following the retirement of its incumbent. Net profit after tax dropped 3.4% to $241.8 million and net interest income down 39.5% ...

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) has predicted a shallower contraction in world output for the year ended 2020 - minus 3.5%, down from the October forecast of a 4.4% contraction and the 4.9% decline it ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
It may have gone up and down and round and round but the US equity market has trended higher and higher and is outperforming its peers. Despite topping the list of total cases of coronavirus infections (8.6 million), new cases (0.6 million) and deaths ...

Westpac announces executive changes

ALLY SELBY  |  TUESDAY, 19 MAY 2020
Westpac has announced several executive changes - with two of its staffers jumping ship for opportunities overseas and another appointed to lead the group's financial crime and compliance function. Westpac chief executive of consumer David Lindberg ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
With more than one million people applying for the government's early release scheme, questions surrounding super fund ownership in equity markets have come to the fore. The government's scheme will so far put at least a $9 billion strain on Australia's ...