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Showing 691 - 700 of 2129 results for "Financial Year"

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
HUB24 revealed it signed 105 new licensee agreements during the last financial year, as it reports an underlying NPAT of $10.1 million, up 49% on FY19. It also reported that its revenue had lifted 37% compared to the previous financial year, to hit ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
Government should top up the superannuation balances of Australians who make less than $39,837 a year and genuinely accessed their superannuation under ERS, according to the Australian Institute of Superannuation Trustees. The body is recommending the ...

Dealer group eyes aggressive expansion

ELIZABETH MCARTHUR  |  THURSDAY, 20 AUG 2020
... 13% in the last year. Gross revenue for the group grew by 11% to $131 million. Centrepoint said that in the last financial year its average authorised representative fee of $19,000 increased to an average of $36,000 which offsets legacy rebate revenue ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... the investment giant says will have a "material impact" on the group's revenue and expense profile over the next financial year. Trillium now represents 20% of Perpetual Investment's FUM. Perpetual chief executive and managing director Rob Adams said ...

EQT swells revenue by 3.2%

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
EQT's mandate wins in last financial year swelled its total revenue by 3.2% to $95.4 million, while net profit before tax was down 3.3% to $31.3 million. Equity Trustees' total funds under management, administration, advice and supervision crossed ...

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... people and software. This includes planned addition of 20 IT resources (20 in Melbourne and 10 in Veitnam) this financial year. Their focus will be predominantly new client engagement and mobile first offering, in addition to enhancing reporting, transactional ...

Kogan Super reports growth

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... launch of its superannuation offering had been successful. Kogan Super launched in the first half of the 2019/2020 financial year and according to the company's results growth has been steady. While the company did not disclose the total funds under ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... increase from FY19. "Praemium has reported improve financial results despite a number of challenges across the 2020 financial year," it said. "These include a global market downturn following the COVID-19 pandemic, the transmission of a major Australian ...

ATO announces SMSF age limit changes

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... member who is between 65 and 75 years old must have worked at least 40 hours within 30 consecutive days in that financial year before their SMSF can accept certain contributions. For the 2020-21 financial year onwards, this applies to members over 67 ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
Fees across all super fund types dropped to record lows last financial year, according to a recent study conducted by Rainmaker. The key finding of a review of 2720 products offered by 169 super funds, super fees came in at a total of $29.6 billion ...