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Showing 71 - 80 of 411 results for margins

Capital raisings, trading volumes up in June

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... falling 26% compared to June 2019. However, clearing - exchange traded markets lifted during the year, with total cash margins held on balance sheet at the end of the month hitting $12.5 billion, up 18% compared to June 2019.

Charities call for further stimulus

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... Kristy Muir said charities have little liquidity to fall back on in times of crisis, as they already run on very tight margins. "Governments, philanthropists, business, and charities need to work in partnership to ensure viability and long-term financial ...

Revenues lift 30% at Xero

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... for the full-year in 2019. Xero attributed the rise in net profit to ongoing growth in operating revenue, improved gross margins, and disciplined management of operating costs. Xero chief executive Steve Vamos said helping the firm's clients during the ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... justify the rise and rise in stock prices by expecting businesses to go on a cost-cutting spree to defend their profit margins. Lower interest rates would also help. However, corporate austerity, in itself, dictates reduced staffing. This would only ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... placed on credit charges related to COVID-19, a sharp reduction in earnings has also come from long-standing headwinds on margins and lending growth, he argued, alongside costs of remediating historical issues and restructuring business models. "As Australia ...

Advisers adapt as crisis unfolds

ALLY SELBY  |  MONDAY, 20 APR 2020
... of the stimulus packages." Prior to the pandemic, Australia's advisory businesses already faced contracting operating margins and an exodus of advisers following the Royal Commission. These pressures saw the country's advisers increasingly embrace technology ...

How wealth management must respond to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... management above $80 billion) and small organisations (assets under management below $20 billion) with average profit margins of 37 basis points and three basis points, respectively, suggested through a survey of 21 private banks active in Hong Kong ...

FPA launches benchmarking tool

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... strengths and weaknesses of their businesses, the FPA said, focusing on five key areas, as well as revenue growth and profit margins. These include risk and compliance, efficiency and technology adoption, aspirations, differentiation to meet client needs ...

Avoid listed wealth giants: UBS

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
... could see a 9.6% profit before tax impact for AMP and 16.5% profit before tax impact for IFL [IOOF]. "AMP's net interest margins could also come under pressure in a low interest rate environment." After recent sell-offs, UBS said it liked "income names" ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... financial system. "This environment is poison to bank profits, because such a low rate environment squeezes their net interest margins." Australian investors are looking to our global counterparts for guidance, Rodda said. "I think the markets are looking ...