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Showing 691 - 700 of 6744 results for "Profit"

Challenger reports strong results

ANDREW MCKEAN | TUESDAY, 14 FEB 2023

Challenger had an increase in net profit before tax despite a significant drop in statutory net profit after tax due to negative market movements. Challenger's 1H23 net profit before tax (NPBT) rose 5% to $250 million, with the higher earnings driven ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER | MONDAY, 13 FEB 2023

... wellbeing, health, and social connectedness. "Philanthropic giving underpins the crucial efforts of charities, not-for-profit organisations and community groups to support vulnerable Australians and build social capital and connectedness in Australian ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA | MONDAY, 13 FEB 2023

... financial advisers. It also launched Deep Green SMA in a bid to capture the ESG segment. The group's underlying net profit after tax dipped 9% to $7 million year on year, while statutory NPAT dropped 17% to $5.5 million. The ASX-listed firm now has ...

The great super cover up is over: Bragg

ANDREW MCKEAN | FRIDAY, 10 FEB 2023

... or regulation requiring APRA to publish relevant expenditure by all superannuation funds, for political purposes and for profit, all in the one place," McKim said.

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN | THURSDAY, 9 FEB 2023

... thrive in a higher interest rate environment, absorbing borrowing costs and inflationary pressures, maintaining long-term profit margin sustainability, he said. Meanwhile, McCormack anticipates a prolonged period of weakness in the US tech sector. "This ...

Macquarie profits boosted by commodities

CASSANDRA BALDINI | TUESDAY, 7 FEB 2023

... strong FY23 earnings to varied market conditions and diversity in its activities. Reporting to the ASIX, the group said net profit after tax (NPAT) for the three months to 31 December 2022 (3Q23) was "slightly" up on the same nine months a year earlier ...

IFM Investors buys biogas developer

RACHEL ALEMBAKIS | FRIDAY, 3 FEB 2023

... it's profitable - it's not about investing to drive an ESG outcome. It's an ESG outcome that's driving profit to members."

Prime Super's general manager of investments departs

ANDREW MCKEAN | THURSDAY, 2 FEB 2023

Prime Super general manager of investments Jane Kang has left the profit-to-member fund. Kang had been with the fund for seven years, starting as its investment operations manager. She exited earlier this week. Speaking with Financial Standard, Prime ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER | THURSDAY, 2 FEB 2023

... is that Australian companies are not investing because shareholders want high dividends, and this could be causing poor profit growth & share returns... This is unlikely," he said. "The dividend payout ratio (i.e. dividends relative to earnings) is not ...

CPA calls for regulatory reforms for NFPs, charities

CHLOE WALKER | WEDNESDAY, 1 FEB 2023

In its latest pre-budget submission, CPA Australia has asked for the government to assist not-for-profits (NFPs) in building out their capabilities. To do so, the professional accounting body has suggested incentivizing small business and NFPs to access ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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