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

Search Results

Showing 891 - 900 of 6744 results for "Profit"

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
Australians all, let us rejoice... for despite the Delta-induced lockdowns in the September quarter, the domestic economy shrank by much less than most of us were expecting. The Australian Bureau of Statistics' (ABS) National Accounts report shows ...

Super funds attracting more women to investment work

ELIZABETH MCARTHUR  |  FRIDAY, 3 DEC 2021
... management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms. According to a new whitepaper from Future IM/Pact, consolidation ...

Fund manager eyes $735m listing

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... provide our investor clients with quality earnings through cycles." In FY21, the group generated $10.6 million in after-tax profit, up from $1.2 million in the prior corresponding period.

Count Financial adds advice firm

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... Business Holdings, an accounting firm based in Victoria. Count Financial's parent company CountPlus saw a 59% drop in net profit to $7.1 million in the last financial year. Grandfathered commissions, COVID-19, and regulatory reforms were some of ...

Future2 commits over $1.5m in grants

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
... the Financial Planning Association of Australia (FPA), has announced the awarding of $148,600 in new grants to 15 not-for-profit organisations in 2021. Future2 has now committed over $1.5 million in grants since its inception in 2007. FPA members endorse ...

Default super delivers best performance in 34 years

KARREN VERGARA  |  MONDAY, 29 NOV 2021
... investment options in its 2021 Super fund performance study, which are offered by 238 products, of which 145 are not-for- profit (NFP) funds and 93 are retail. Rainmaker found that the 2021 financial year was only the third time in 12 years that the ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... total $425 million on a pre-tax basis and net to $325 million post-tax. About $220 million will slash the AMP's statutory profit when its full-year results, which span the calendar year, are released in the following months. AMP's share prices traded ...

Super assets rise to $3.4tn

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... Australians with a MySuper account currently pay less than $30 billion a year in fees after a year of reductions across not-for-profit and retail super funds. Currently APRA regulated funds stand at 155: retail (93), public sector (16), industry (33) ...

WealthO2 appoints to newly created role

CHLOE WALKER  |  WEDNESDAY, 24 NOV 2021
WealthO2 has appointed Ahn Rutty to the newly created role of head of client success as demand for its adviser tech software solution increases. Rutty will play a pivotal role in orchestrating the seamless onboarding of financial advisers to deliver ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
Not taking a hike "It's not time to make a change Just relax, take it easy..." -Cat Stevens, Father and Son The curse du jour that is rising inflation has raised volatility in the bond and equity markets by virtue of the anticipated central bank ...