Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 781 - 790 of 4868 results for "DIVI"

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
Pendal Group has flagged it will turn its attention to cost management as it reports an 8% lift in profits. Pendal's statutory net profit for the six months to March 31 has jumped to $96.7 million, up from $89.9 million in the prior corresponding period. ...

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
The bank's cash earnings dropped due to competitive pressures on net interest margins and reduced credit impairment benefits. More promisingly, Westpac's earnings were up 71% compared to the second half of last year due to the success of its cost reset ...

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Macquarie Group has posted a $A4.7 billion net profit for the year ended 31 March 2022, up 56% from the prior year. This strong result was carried by impressive performances across all the companies operating groups. Items within the banking group that ...

Hostplus tops super ranks to March

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
With an 11.7% return for the year ending March 31, Hostplus' Balanced option ranked first in Rainmaker's latest super performance tables. This same Hostplus option ranks fifth over three years to March 31. Coming in second was Christian Super - My Ethical ...

Westpac giving away BT super business

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Westpac continues to seek to offload its BT superannuation business, with the bank now willing to transfer the business for no financial consideration. "In preparation for the exit of our superannuation business, the carrying value of our superannuation ...

MaxCap Group expands direct investment team

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Real estate financier MaxCap Group has announced that Adam Cook has joined its direct investment team as director. Cook will report to MaxCap's head of direct investment Simon Hullet and be responsible for originating new equity investment opportunities ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
BT Funds Management has been handed a $20 million fine by the Federal Court for continuing to charge commission payments to superannuation members for seven years after they were banned. BT Funds Management charged insurance premiums that included commissions ...

AMP Capital hires from Frontier

ELIZABETH FRY  |  FRIDAY, 1 APR 2022
AMP Capital has appointed Ben Woolley as manager of real estate equity, hiring from Frontier. Reporting to AMP Capital's investment chief Rob Hattersley, Woolley's role is to solve problems for investors and provide targeted capital engagement ...

BT superannuation lead joins Citi

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
The acting managing director of superannuation at BT has taken a new role at Citi Australia. Hannah Oakhill is now head of retail banking and wealth management at Citi, effective this month. Oakhill joins from BT where she had been serving as acting ...

Budget aims to please women

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
The new Federal Budget includes a series of measures aimed at addressing issues that impact women's health, safety and economic success. Most notably, the government has committed to modernising the Commonwealth Paid Parental Leave scheme - which currently ...