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

Search Results

Showing 51 - 60 of 6742 results for "Profit"

Research reveals 'alarming spike' in super switching

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
... balances, not by wealthier pre-retirees. In 2024-25, 68% of Australians who were switched out of five large, high performing, profit-to-member funds into for-profit platform-based super funds, had under $100,000 in super, and 80% had under $200,000. ...

WT Financial Group focuses on B2B strategy as profits grow

MATTHEW WAI  |  FRIDAY, 27 FEB 2026
... income were $119.6 million, an increase from $106.1 million in the previous corresponding period. Meanwhile, underlying net profit after tax (NPAT) increased 20.8% to $2.6 million, while statutory NPAT increased 12.1% to $2.4 million, and operating cash ...

Trump announces new US retirement plan

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
... federal worker," Trump said. "We will match your contribution with up to $1000 each year, as we ensure that all Americans can profit from a rising stock market." Reports from the US suggest the proposal would be open to workers who don't already ...

Australian Ethical unveils strong half-year results

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
Australian Ethical saw underlying profit after tax (UPAT) increase by 25% to $14.4 million in the six months to December end, while net profit after tax (NPAT) attributable to shareholders was $13.3 million, up 42%. Revenue of $65.8 million was up 13% ...

Strategic simplification lifts ClearView's profits

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
ClearView has reported a 77% increase in underlying NPAT of $22.1 million in the first half of the financial year, citing "disciplined strategic simplification and transformation" as the driver of the growth. Underlying NPAT for the life insurance business ...

Perpetual sees 349% profit jump

RIDDHIMA TALWANI  |  THURSDAY, 26 FEB 2026
Perpetual has reported a 349% jump in net profit after tax to $53.9 million in the first half. It posted a jump of 12% in underlying profit to $112.7 million and delivered $60 million in annualised savings and is on track to achieve the targeted $70-$80 ...

L1 Group realises $24m of $35m merger cost synergies

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
L1 Group has already recognised $24 million in cost reductions since the merger of L1 Capital and Platinum Asset Management in October formed the new entity; it expects additional $10 million in synergies in the next financial year. It reported a rise ...

Iress sticks to simplification plan, will consider "bona fide" takeover bids

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
... while saying it will consider any bona fide takeover proposals consistent with its fiduciary duties. It has reported a profit of $79.3 million in financial year 2025, a decline of 10.6% from the previous year. Iress chief executive and managing director ...

GDG reports record FUM growth, eyes stronger second half

MATTHEW WAI  |  WEDNESDAY, 25 FEB 2026
... Development Group (GDG) saw strong returns across all its business lines in the six months to 31 December 2025, with net profit after tax growing 63% to $20.1 million in the period. The group is now targeting even better performance in the second half ...

Regal profits rise 65%, Pacific Current reports $11.7m loss

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
Regal Partners has delivered a full-year normalised net profit after tax (NPAT) of $160.5 million, up 65% from the year prior. In the year to 31 December 2025, Regal saw funds under management (FUM) increase 16% to $20.9 billion, supported by strong ...