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Showing 901 - 910 of 5903 results for "Second"

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... planned integration costs of recent strategic acquisitions but believed the synergies were expected to contribute to the second half FY23, and strongly into FY24. Last year, Clime acquired MTIS Wealth Management (MTIS) and Ralton Asset Management ; it ...

Aussie equities withstand test of time: Report

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... for over 58.4% of total world equity market value today. In local currency real terms, Australia currently ranks as the second-best performing equity market globally, behind South Africa. "Australia also has a significant government and corporate bond ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... dividend of 10.5c a share, franked at 50% and payable on April 3. As for the company's outlook, Mota said: "We have begun the second half of the financial year with strong progress and positive momentum across the business through disciplined execution ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... announced a further build-to-rent (BTR) capital raise with another $2 billion for future growth, following the close of their second fund raising. The $2 billion injection, made by a global instructional investor, takes the GQ total gross assets under ...

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... The External Review Special Report, due June 30, will be an independent review into the CHESS replacement project. The second additional report, P PPM Special Report, due on 29 September, will detail the ASX's frameworks for the governance and management ...

Unemployment rate rises to 3.7%

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
... risen to 3.7%, according to the Australian Bureau of Statistics (ABS). The ABS reported a decline in employment for the second consecutive month, following a period of robust jobs growth throughout 2022. Employment decreased by 11,000 people, and the ...

Magellan profits down 67%

CHLOE WALKER  |  THURSDAY, 16 FEB 2023
After a period of turbulence, Magellan reported statutory net profit after tax of $83.8 million for the second half of 2022 - down 67%. The group reported the drop to the ASX this morning, though did declare an interim dividend of 46.9c per share, 85% ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... margins for its own benefit. As ordered by the Federal Court, CBA will need to mediate this issue by 13 October 2023. The second class action relates to fees charged by the FirstChoice Fund. CFSIL, as trustee, allegedly acted unconscionably and breached ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
Fiducian saw the number of its financial advisers grow from 66 to 84 representatives in the second half of 2022 and flagged that another five franchises are in the process of joining the fold. Releasing its half-year report on the ASX this morning ...

Pengana offloads Lizard Investors stake

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
... investment in Lizard by nearly five years." Pengana added that the divestment is expected to be earnings accretive in the second half of the 2023 financial year. "... However, it will result in the firm's reported total funds under management reducing ...