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Showing 801 - 810 of 6744 results for "Profit"

Wealth industry on the cusp of evolution: Report

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
The wealth industry is on the cusp of evolution, with predictions APAC and North America will drive around 80% of worldwide new wealth creation until 2026. According to a report published by Oliver Wyman and Morgan Stanley, leading firms that are accelerating ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs. The minutes stipulated that should expectations of higher inflation become ...

University of Melbourne launches investment funds

CHLOE WALKER  |  TUESDAY, 21 JUN 2022
... the university's alumni and supporters to help investee companies reach their full potential. A large portion of the net profit will be invested in university research, early-stage commercialisation, and social enterprises. Both funds will be open to ...

Mutual sector overcomes pandemic headwinds

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
The top 100 co-operatives and mutuals have defied the economic impacts of the pandemic; the sector's revenues grew a record 10% to $34.4 billion during 2020/2021. The latest National Mutual Economy Report released by the Business Council of Co-operatives ...

MLC Life chief executive to depart

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
MLC Life will promote from within its leadership team to replace chief executive and managing director Rodney Cook, who will retire at the end of the year. Cook has led the insurer for two years so far, having taken over the top job in June 2020 and ...

The ongoing evolution of super: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... retirement savings in the world while having the 14 th largest economy," she said. "Through it all [the last three decades], profit to member funds have seen strong performance and long-term returns have proved profitable." She added that some of the ...

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... members of both funds. In a statement from Active Super, the industry fund highlighted that it and Vision Super were both profit-to-member funds of a similar size and shared a common history; a history of servicing current and former local government ...

No more changes to risk commissions: ClearView

JAMIE WILLIAMSON  |  TUESDAY, 7 JUN 2022
... away and a further 42% saying they sometimes turn them away because their needs are too simple and there's little to no profit to be made. "Advisers are often the ones most impacted by regulatory change but historically their voice has been drowned out ...

Pendal launches new charitable investment vehicle

CHLOE WALKER  |  MONDAY, 6 JUN 2022
... fee on the new Class G investments. The Investment Giving product was developed by Investment Giving Australia, a not-for-profit organisation with a mission to maximise the impact of charities and their supporters by enabling new forms of investment-based ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
Beating consensus estimates, the Australian GDP rose 0.8% in Q1 and 3.3% year on year. While more positive than expected, the latest figures represented a slowdown from the 3.4% GDP growth realised last quarter. Barclays said the most recent GDP numbers ...