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

Search Results

Showing 931 - 940 of 5658 results for "EARN"

Westpac profit jumps 138%

KARREN VERGARA  |  MONDAY, 1 NOV 2021
Westpac reported a whopping 138% jump in statutory profit to $5.5 billion in its full-year September 2021 results. The bank attributed the earnings jump to a combination of turning around impairment charges and growing its mortgages, institutional and ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... based on the assumption that the member is a 30-year-old worker in a government-run fund who will pay exorbitant fees and earn lower investment returns. In reality, given that the Future Fund is akin to a fund manager, costs should be compared to a super ...

eToro expands crypto offering

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... include Solana, Cosmos, Shiba Inu, Dogecoin, Compound and Polkadot. From November 1, Australian users will also be able to earn monthly staking rewards and enjoy simple, secure and hassle-free growth on their Cardano (ADA) and TRON (TRX) investments ...

Government-run super would leave members worse off: ISA

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... based on the assumption that the member is a 30-year-old worker in a government-run fund who will pay exorbitant fees and earn lower investment returns. "Political ideology could also trump the financial interest of members, especially when a government ...

Joining the 1% around the world: Analysis

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... would have to work on an average wage to join the 1% in their country. Australians would need 66 years and five months to earn the $2.8 million required to be in the 1% of the wealthiest Australians. It also takes $2.8 million to join the 1% in New Zealand ...

Rest firms up net zero pathway

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
Industry fund Rest has released its roadmap to net zero and scenario analysis on the impact of climate change on investment returns. The scenario analysis is part of what Rest member Mark McVeigh requested from the fund when he took it to court for ...

CountPlus to acquire Challenger SMSF business

ANNABELLE DICKSON  |  WEDNESDAY, 20 OCT 2021
The ASX-listed advice and accounting group is expanding its SMSF offering after finalising terms to acquire Accurium from Challenger. CountPlus will pay $9 million for Accurium made up of cash and a debt facility. It will hold an 85% shareholding with ...

Montgomery adds to global strategy

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
Montgomery Investment Management is adding another fund from US-based Polen Capital to its Australian and New Zealand offering. The Polen Capital Global Small and Mid Cap Fund will be available to investors on October 21 following the partnership between ...

Actuaries Institute devises director skills checklist

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
A new paper from the Actuaries Institute discusses the key skills and experience board directors for financial services companies should have going forward, including an argument that the chair should always be a former chief executive. Former Actuaries ...

HUB24 to acquire Class

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
SMSF technology provider Class has agreed to be acquired by HUB24 via a scheme of arrangement. Under the deal, Class shareholders will receive one share in HUB24 for every 11 ordinary Class shares they hold, plus $0.10 per ordinary share. The implied ...