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Showing 731 - 740 of 6744 results for "Profit"

AFA posts $273,135 operational loss

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
The Association of Financial Advisers (AFA) has reported an operating loss of $273,135, an improvement of $94,655 from last year's result, as it gears up for the vote on its proposed merger with the Financial Planning Association of Australia (FPA). ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... million turnaround in credit impairment charges and the loss of earnings as it exited businesses. It said statutory net profit is up 4% to $5.69 billion and reported its fully franked final dividend at 64 cents per share. Westpac chief executive Peter ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
Pendal Group's underlying profit after tax grew 17% to $194.2 million in the 2022 financial year. Statutory net profit after tax was down 32% to $112.8 million, impacted by mark-to-market movements on seed investments. Underlying earnings per share ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... Australian Retirement Trust, Australian Catholic and Superannuation Fund, MLC, Telstra Super and Mine Super. Meanwhile, not-for-profit funds outperformed retail funds too, with the former returning -5.6% for the 12 months to September end, versus the ...

Koda Capital, Redwood merge

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
Koda Capital (Koda) is expanding into the Perth market through a merger with Redwood Wealth Alliance. In bringing the two businesses together, Redwood will become part of the broader Koda professional partnership. Some Redwood staff will hold equity ...

Perceived complexity hinders ag allocations

CHLOE WALKER  |  FRIDAY, 14 OCT 2022
While it's one of the oldest asset classes in the book, most Australian investors remain underweight in allocating towards agriculture, according to iPartners director of capital markets Toby Harpham. Hosting a panel of experts at the iPartners ...

Cultiv8, Fidante launch agriculture, food tech fund

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
Cultiv8 Funds Management (Cultiv8) and Fidante have joined forces to launch a fund that identifies and invests in early-stage agricultural and food technology companies. The Cultiv8 Agriculture and Food Technology Fund aims to focus on capital growth ...

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
Financial stability risks have increased as global financial conditions continue to tighten, according to the Reserve Bank of Australia's Financial Stability Review. The RBA cited a further tightening of financial conditions, an increase of debt-servicing ...

FEAL appoints chief executive

CASSANDRA BALDINI  |  WEDNESDAY, 5 OCT 2022
... executive responsibilities and is looking forward to supporting its members. "I am a believer in the alignment of the not-for-profit sector and am a long-time admirer of FEAL and its mission. I am genuinely excited to pick up the reins from Joanna and ...

Crescent Wealth names deputy managing director

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... sharia-compliant super fund. Its finance arm is an Islamically-compliant lender, while its foundation and institute are not-for-profit organisations. In the new role, Silva said her focus at Crescent will be holistic. "My 'why' is to be of service to ...