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Showing 81 - 90 of 3016 results for "Revenue"

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
... currently, an estimated 16,000 businesses are in operation. These businesses collectively manage over $10 billion in annual revenue and employ more than 70,000 workers. Meanwhile, NAB said the Indigenous business sector is forecasted to grow by 4% compared ...

HUB24 farewells longstanding chair

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
... strong growth in the business as funds under administration (FUA) increased from $150 million to now over $80 billion, and revenue has grown at a compound annual growth rate of 62% over the past decade," Higgins said. Higgins will officially retire from ...

Alpine Capital launches in Melbourne

CHLOE WALKER  |  FRIDAY, 20 OCT 2023
... Wentworth team provide that direction - they have great experience dealing with companies in the early stage; be it a stage of revenue, business model, or profitability, and are able to do the appropriate due diligence, select the right deals, but also ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... accumulating a combined loss of $300 million. Resolution Life topped the list of the highest direct profit as a percentage of revenue, recording 28.6%, followed by Challenger at 23.6% and Zurich at 10.2%. By a measure of revenue, TAL led the local life ...

HUB24 launches investment options

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... number of clients may benefit from this adjustment, the change in administration fees will have minimal impact to HUB24's revenue and margin expectations," HUB24 chief executive Andrew Alcock said. Finally, the Allianz Retire+ product, AGILE, will integrate ...

Selfwealth ditches Stake takeover bid

KARREN VERGARA  |  MONDAY, 16 OCT 2023
Selfwealth has rejected a takeover proposal from competitor trading platform Stake and its offer of 17.5c per share. The ASX-listed trading platform said that after careful assessment, "Stake's incomplete and conditional proposal did not offer appropriate ...

Industrials company launches asset management arm

ANDREW MCKEAN  |  FRIDAY, 13 OCT 2023
... investors in the Vysarn funds." In an ASX announcement last month, Vysarn revealed that it generated $64.96 million in revenue for the 12 months to June 30, an increase of $18.66 million compared to the same period last year. The company also reported ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... would not only alleviate the liquidity stress for some members in the short term but is also likely to yield more tax revenue for the government over the medium to long term. "That's because this new tax will still be levied on capital gains, but only ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
Australian businesses and households are vulnerable to further shocks following high inflation and the tightening of monetary policy. According to the Reserve Bank of Australia's (RBA) most recent Financial Stability Review, the Australian business ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
The West Australian scheme is now offering members a dedicated ESG option, managed by Pendal. The Sustainable Balanced investment plan was made available to members of GESB Super, West State Super and Retirement Income Allocated Pension members on September ...