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Praemium's new leadership toughens earnings yardstick

RIDDHIMA TALWANI  |  FRIDAY, 16 OCT 2026
... said. "We don't expect this high level of non-operating costs to recur, and we will be focused on delivering clean results with higher cash conversion. To demonstrate this focus, our future reporting will be based on cash EBITDA, that is EBITDA less ...

Netwealth reports record $36bn FUM in Q1

MATTHEW WAI  |  THURSDAY, 15 OCT 2026
... "Paradino's financial performance and the additional investment will be reported separately from Netwealth's underlying results." Netwealth remains confident in its future, stating its EBITDA margin is strong and highly profitable, as well as ...

Genetic testing ban takes effect for life insurance

VINNY VUCAGO  |  FRIDAY, 9 OCT 2026
... Australian Financial Complaints Authority (AFCA) also updating its rules to handle complaints involving adverse genetic test results. The government's ban prohibits life insurers from using adverse genetic testing results in underwriting, aiming ...

Five V Capital portfolio value creation lead lands new gig

MATTHEW WAI  |  THURSDAY, 8 OCT 2026
... Lucinda's experience and drive will make us better partners to our portfolio companies and help them convert ambition into results faster." Abood said: What drew me to Black Kite is the firm's conviction that value is created through genuine ...

Munro Partners launches active global equities strategy

MATTHEW WAI  |  TUESDAY, 6 OCT 2026
... to benefit from strong growth." Munro defines a structural growth trend as a durable, long term structural change that results in growth investment opportunities, for example from businesses that derive a competitive advantage from big data or high-performance ...

TAL launches new campaign focused on mental health

VINNY VUCAGO  |  MONDAY, 28 SEP 2026
... with youth media group The Daily Aus, and partners with the AFLW, aimed at promoting mental wellbeing. Based on survey results of 1000 Australians aged 18 to 65+, the campaign identified common barriers to social connection, including tiredness, cost ...

IAG settles $2.8bn lawsuit with Credit Suisse

ELIZA BAVIN  |  FRIDAY, 25 SEP 2026
... settlement of the Credit Suisse Proceedings would not have a material impact on its financial position or FY27 financial results, based on anticipated recoveries including from insurance and reinsurance arrangements and other indemnities. The settlement ...

Adviser increase the 'strongest' since FY20: Padua WealthData

MATTHEW WAI  |  FRIDAY, 25 SEP 2026
... owners had net gains, and 18 licensee owners had net losses. Meanwhile, Padua noted the latest financial adviser exam results attributed to the net increase of advisers. "Of the 27 advisers who arrived this week, 12 were new entrants, a nice uplift ...

Active managers face selection test: Morningstar

VINNY VUCAGO  |  THURSDAY, 24 SEP 2026
... so, top-quartile active managers in seven of the nine categories delivered positive excess returns over the decade. The results suggest there are opportunities for outperformance but are increasingly concentrated among a shrinking pool of managers." ...

AI overtakes superfunds for investor education

VINNY VUCAGO  |  TUESDAY, 22 SEP 2026
... YouTube, Reddit, podcasts, and ChatGPT. "Financial institutions like to think they are influential in this space, but the results show otherwise," Zaika said. "People are gathering information from everywhere. They are using social media, YouTube, Reddit ...
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