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Showing 71 - 80 of 6742 results for "Profit"

ASIC inquiry an 'inflection' point for ASX: Lofthouse

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... management frameworks. ASX posted revenue growth of 11.2% to $602.8 million in the six months to December end. Underlying net profit after tax (NPAT) grew by 3.9% to $263.6 million, and statutory NPAT was up 8.3%, driven by growth in operating revenue ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
Commonwealth Bank of Australia (CBA) released its half year results today, seeing profits rise to $5.4 billion. As part of is H1 report, the major bank gave an update on its ongoing superannuation and advice-related class actions. CBA said it still ...

Macquarie sees 'substantially' higher profits

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
Macquarie Asset Management's (MAM) net profit contributions were "substantially up" in the third quarter, with global assets under management (AUM) reaching $736.1 billion. MAM said the increase was primarily driven by gains on the sale of its divestment ...

Pinnacle takes over Pacific Asset Management

KARREN VERGARA  |  WEDNESDAY, 4 FEB 2026
... Pinnacle's newly released half-year results show aggregate FUM stood at $202.5 billion at the end of December 2025. Net profit after tax (NPAT) was down 11% to $67.3 million in the six months to December, with most affiliates outperforming over the medium-term. ...

Member governed super boards deliver more: SMC

JAMIE WILLIAMSON  |  WEDNESDAY, 4 FEB 2026
... billions in additional value for members, Super Members Council (SMC) says. In a new report, Member First Representation: The Profit to Member Governance Advantage, SMC states that in the five years to June 2025 representative governed super funds generated ...

Clime chair assumes investment role

KARREN VERGARA  |  MONDAY, 2 FEB 2026
... Clime divest a portion of the retail financial advice business that had $99 million of advised assets. It expects to book profit from the sale of more than $1 million. Clime also shuttered its Australian Income Fund, which at the end of October 2025 ...

JANA hires from Russell Investments

ELIZABETH FRY  |  THURSDAY, 29 JAN 2026
... Investments. Oscar Lonergan joins as a senior client development director. JANA said the hire strengthens its support for not-for-profit and liability-aware investors who want an institutional-quality consultant or investment partner. Reporting to Sai ...

ASX to spend $264m to modernise tech, uplift risk management

RIDDHIMA TALWANI  |  THURSDAY, 29 JAN 2026
The Australian Securities Exchange (ASX) has flagged a jump of 20% in its total expenses to $264.4 million in the first half of the financial year, after it agreed to implement a package of reforms to improve its operations last year. ASX updated its ...

Rodney Forrest handed prison sentence for $3m insider trading

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
... and procured others to trade in Platinum shares before leaking details of the takeover to the media, making over $300,000 profit for himself, ASIC said. The Federal Court in Sydney sentenced Forrest to five years imprisonment for insider trading and ...

IFS unveils new pathway for industry super fund advice

MATTHEW WAI  |  THURSDAY, 22 JAN 2026
Industry Fund Services (IFS) has launched a "comprehensive solution" designed for financial advisers who want to specialise in industry super fund advice. The Independent Adviser Licensing Mode provides guidance that aligns with members' priorities ...