Search Results | Showing 1 - 10 of 12 results for "Lower margins" |
| | | ... contribution was also up on pcp, driven by volume growth in the loan portfolio and BFS deposits, partially offset by lower margins due to changes in portfolio mix and lending and deposit competition. Commodities and Global Markets net profit contribution ... |
| | | | ... review will take into account the future cashflows and goodwill of the business." It said the business operates at lower margins to Corporate Trustee Services and Trustee Wealth Services and is operating in an environment of elevated regulatory scrutiny ... |
| | | | ... and BFS deposits. The home loan portfolio grew 7% in the quarter to $172.2 billion. This was partially offset by lower margins due to competition and changes in the portfolio mix. Commodities and global markets continued to outperform due to higher income ... |
| | | | ... said. "This has implications for household spending, which remains subdued and is contributing to expectations of lower margins and profits for businesses. "However, there are green shoots - we are firmly within a rate-cutting cycle, inflation appears ... |
| | | | Commonwealth Bank of Australia reported a decrease in cash profit down for the September quarter due to lower margins and higher expenses. The preliminary figures show cash profits down 16% to $1.8 billion on the same period in the previous year. The ... |
| | | | ... platforms and investments cash earnings at $111 million, down from $285 million in 2019 which Westpac says was due to lower margins and higher compliance costs. Insurance recorded a net loss of $480 million due to bushfires, storms and lower premiums ... |
| | | | ... quarter, with ANZ saying it benefitted from a stronger markets performance (around 60% higher), partly offset by lower margins and transaction volumes. The board announced the 25 cents per share dividend, which will be paid to shareholders, which the ... |
| | | | ... decline was due to the exit of Hastings ($180m), higher general insurance claims for major weather events ($66m), lower margins from the decision to reprice certain platform fees ($8m) and discontinuing grandfathered commissions ($21m). As a result of ... |
| | | | ... Warner said. "The Single Touch Payroll process should help to reduce costs, but on balance, administrators will have lower margins. "Fees will need to rise to provide the same services to members. This will make many smaller funds unviable, and we have ... |
| | | | ... costs. Rice Warner head of superannuation insights Nathan Bonarius said across the super industry, scale benefits and lower margins would've contributed to a 60 basis point reduction in fees since 2004. However, investment expenses have gone up 15 basis ... |
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