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Showing 811 - 820 of 2129 results for "Financial Year"

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... remediation bill over $2 billion. Commonwealth Bank said it has compensated customers over $2 billion in the past financial year.

Magellan active ETFs retain Zenith ratings

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... internal market making used on them. About 20 active ETFs used the internal market making model at end of last financial year. ASIC first raised its concerns about internal market making last year in a reported that published its review of the ETF industry ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... amount and relevant costs will be included as an abnormal cost in the company's financial accounts for the 2020 financial year," it said, adding that it would not affect the FNZ scheme of arrangement. The court will hear from the parties on further c ...

AFCA gets 1450 complaints a week

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The Australian Financial Complaints Authority has received 1450 complaints every week so far this financial year. This number has AFCA on track to beat its previous record. In July, after six months in operation the authority had received just over ...

QMV kicks off legal practice, appoints lead

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
... was co-founded by Vaughan, Michael Quinn and Stephen Mahoney in 2008. It generated $12 million in revenue this financial year.

Netwealth top for FUM growth

ELIZABETH MCARTHUR  |  FRIDAY, 4 OCT 2019
... of view with its share jumping to 31.4%. Platforms make up a further 40.8% of the masterfund market. The 2018/19 financial year saw platforms have a negative overall net fund flow of $12.4 billion - outflows of $57.8 billion, inflows of $45.4 billion. ...

RC sting felt in finance pay packets

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
... and not institutionalised. As a result of this shifting environment, Perceptor predicted salary increases this financial year will be around 5% for financial services in general - similar to the rate of growth last year. However, there's a strong exception ...

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... small to medium-sized businesses across Australia. It had liabilities worth $292 million at the end of the 2018 financial year, including $60 million in bank loans, $80 million in subordinated notes and $144.2 million securitisation notes.

Morgans snaps up CommSec Advisory business

ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... with two top executives leaving the business, while NAB and MLC are preparing to part ways by the end of the 2020 financial year.

Brett Himbury's next innings

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... industry-fund-owned manager which has grown from managing about $24 billion when he joined to $148 billion this financial year. He informed the board of his thinking after the July results. The shareholders, staff and investors were told yesterday morning ...