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Showing 921 - 930 of 3401 results for "Revenue"

Fintechs to merge

ANNABELLE DICKSON  |  WEDNESDAY, 18 NOV 2020
... comply at a lower cost whilst enabling them to explore new value for their members. The merger will increase InPayTech's revenue by an estimated 105% and will transition its ClickSuper service to use the Bond platform, which will lower IT costs. Furthermore ...

NSW budget boosts TCorp loans

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... billion. And for 2020-21 we forecast a deficit of $16 billion," he said. "This isn't just increased spending. Forecast revenue is down by $25 billion over five years. Net debt is expected to peak at $104 billion at June 2024."

ASIC sounds the alarm on buy-now-pay-later

KANIKA SOOD  |  MONDAY, 16 NOV 2020
... industry almost doubles its lending, according to ASIC's latest review of the sector. The sector tallied up $43 million in revenue from missed payments in FY19, rising 38% over the previous financial year. "Buy now pay later arrangements are clearly ...

Mercer launches climate-transition tool

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
Mercer has launched an analytics tool that helps institutional investors assess which companies are committed to combating climate change and want to adapt to a net-zero economy. Analytics for Climate Transition (ACT) assesses companies' commitment ...

Fiducian looks to gain from change

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
... acquisition, franchised planners, white label/badged platform clients and funds distribution. Around 1% of the group's net revenue is garnered from grandfathered commissions and management is confident of its tested procedures and controls on ensuring ...

Fintech hires in Australian expansion

ELIZABETH MCARTHUR  |  TUESDAY, 10 NOV 2020
A US-based fintech has appointed a head of international sales, who will be tasked with driving revenue growth in Australia and New Zealand. Jason O'Shaughnessy steps into the role at data aggregation and analytics for financial services provider Envestnet ...

CountPlus divests member firm

ANNABELLE DICKSON  |  TUESDAY, 10 NOV 2020
CountPlus has disposed its majority interest in a member firm to a fellow member firm after a review found it could not add strategic value. The ASX-listed advice and accounting group has sold its 61.28% interest in Specialised Business Solutions to ...

Chief economist update: V for vaccine

BENJAMIN ONG  |  TUESDAY, 10 NOV 2020
It's beginning to look a lot like Christmas. Encouraging test results for a COVID-19 vaccine developed by Pfizer and BioNTech sent world equity markets from New York to Rio and ol' London town on the up and up and up. Pfizer and BioNTech are ...

Connie McKeage to step back at OneVue

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... September quarter last year. Year to date NPAT was $40.1 million, down 11% compared to the same period last year. Operating revenue grew 8% during the period to $401.4 million.

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
NAB posted a 37% loss in revenue while MLC Wealth was down around $100 million in divisional cash earnings from last year, though IOOF said the result is broadly in line with its expectations. IOOF is set to acquire 100% of MLC Wealth from NAB for $1.4 ...