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Showing 7481 - 7490 of 11516 results for "DIV"

M&A drives SFG double digit growth

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Mergers and acquisition activity during recent months have deliveredA double digit earnings growth for SFG Australia. SFG saw a 15% increase on its operating earnings before interest, taxes, depreciation and amortisation (EBITDA) to $48.1 million for ...

Perpetual profits boosted by cost savings initiative

MARK SMITH  |  THURSDAY, 29 AUG 2013
Perpetual has reported a huge profit jump as cost savings from its Transformation 2015 overhaul were realised. Statutory net profit after tax for the full year to 30 June stood at $61 million, up 128% on the previous year. Underlying net profit after ...

Coin acquisition drives Rubik profit

MARK SMITH  |  THURSDAY, 29 AUG 2013
Financial software provider Rubik attributed its return to profit in 2013 to its acquisition of financial planning software manufacturer Coin. Rubik reported a net profit after tax of $857,000 for the 12 months to 30 June, reversing a loss of $790,000 ...

Moore Stephens appoints GM of wealth management

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
Moore Stephens Queensland has appointed a general manager for the firm's expanding wealth management division. Managing director Ken Pickard confirmed that Bob Blurton will be the general manager of Moore Stephens Wealth, which manages over $800 million ...

QE tapering fears spark $1 billion flight from bonds

MARK SMITH  |  WEDNESDAY, 28 AUG 2013
Outflows of around $1 billion from Australian bond funds are being viewed by many as a signal the 32-year bull market in the asset class is over, but some funds have bucked the trend. According to data provided by Morningstar, Australian internationally ...

Blue Sky grows revenue 48%

MARK SMITH  |  WEDNESDAY, 28 AUG 2013
Blue Sky Alternative Investments has reported a 48% increase in operating revenue and an after-tax net profit of $3.59 million for the full year to 30 June. Operating revenue for Australia's only listed alternatives-focused fund manager grew from $8.9million ...

Academic questions Libs' super board independence policy

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
The Coalition's plan to introduce stricter rules aimed at ensuring super fund board independence could be counterproductive, according to Sally Wheeler, professor of law at Queen's College, Belfast. Speaking at an event hosted by the Association of ...

NAB continues wealth division reshuffle

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
NAB is reshuffling its wealth management division after revealing redundancies of key roles and has appointed a new general manager of Advice Partnerships. Former Godfrey Pembroke general manager Peter Smith will take over the role of manager of Advice ...

Bowen and Cormann at odds over adviser enshrinement

LAURA MILLAN  |  TUESDAY, 27 AUG 2013
The debate around the enshrinement of the term 'financial planner' has revealed division between Treasurer Chris Bowen and shadow Minister for Financial Services and Superannuation Mathias Cormann. "An important priority for a re-elected Rudd Labor ...

BT hires head of product for equities business

LAURA MILLAN  |  TUESDAY, 27 AUG 2013
BT Financial has appointed a new head of Product and Development within the equities division. Lucy Steed has occupied the newly-created role since August 19. As head of Product and Development, she will be focusing on the development of all BT Financial ...