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Showing 781 - 790 of 17131 results for "Billion"

CEDA calls for 'seamless economy' reforms as Roundtable begins

ELIZA BAVIN  |  WEDNESDAY, 20 AUG 2025
... could unlock billions of dollars in economic benefits. Better data sharing alone could boost the economy by up to $10 billion." CEDA said the original seamless national economy agreement between 2009-13 delivered an estimated $6 billion in annual benefits ...

HUB24 reports record inflows, user growth

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025
HUB24 achieved close to $20 billion in inflows in FY25 and reported a 68% increase in profit. Released today, HUB24's annual results show the platform had $19.8 billion in inflows over the year, $4 billion of which came from large migrations. In the ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
Challenger's Fidante Partners lost $11.4 billion in institutional client money in the last financial year with the majority of it exiting fixed income investments. The lion's share of $7 billion in net outflows left fixed income strategies while ...

ART chair to retire

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... stewardship of their collective retirement savings to provide financial dignity and security in retirement." ART has over $350 billion in funds under management on behalf of some 2.4 million Australians.

HMC Capital sees AUM soar 47%

ELIZA BAVIN  |  TUESDAY, 19 AUG 2025
HMC Capital has reported a 47% increase to assets under management (AUM) in FY25 to $18.7 billion. HMC said FY25 marked a record financial performance for the group with pre-tax operating earnings of $224.6 million - up 74% from FY24. HMC managing director ...

Ares launches wholesale infrastructure fund

ELIZA BAVIN  |  TUESDAY, 19 AUG 2025
... tax-advantaged current yield in a perpetual, semi-liquid structure. Since its launch in 2024, ACI has grown to approximately $1.8 billion of assets under management, as of 1 July 2025. "As private markets continue to demonstrate resilience through dynamic ...

Fiducian FUA reaches $5bn

KARREN VERGARA  |  MONDAY, 18 AUG 2025
Fiducian Group's funds under advice (FUA) hit $5 billion in the 2025 financial year as net inflows from salaried and franchisee financial advisers reached $343 million. FUA grew 4% year on year from $4.8 billion across its Core, Auxilium and Badges ...

Commonwealth Super names chief risk and compliance officer

MATTHEW WAI  |  MONDAY, 18 AUG 2025
... Australian Defence Force workers in preparing for and sustaining a comfortable retirement." Earlier this month, the $70 billion super fund was accused of ongoing internal bullying, harassment or sexism matters. Responding to the speculation, chair Janet ...

PE firm sells CyberCX to Accenture

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... resilience makes this a force multiplier," CyberCX chief executive John Paitaridis said. The deal is worth a reported $1 billion. BGH Capital launched CyberCX in 2019 by merging several Australian cybersecurity firms. Accenture Australia and New Zealand ...

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... platform and holistic solution across all asset classes for Bell Potter Retail. "Our inhouse platform currently manages $6 billion in client assets, of the $43 billion Bell Potter clients sponsored holdings," he said. "Research indicates that more than ...