FINANCIAL RESULTS

News

The investment platform HUB24 has reported a 133% jump in its underlying net profits after tax (NPAT) to $35.9 million in FY22, while platform net inflows surged 32% to a...

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Financial planning

HUB24 has reported its net profit after tax grew to $14.2 million for the half year ended 31 December, 2021, which translated into a 103% growth year-on-year....

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Financial planning

Sequoia Financial Group has reported net profit after tax to increased to $2.6 million from $1.7 million for the half year ended 31 December, 2021....

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Financial planning

AMP has outlined a statutory net loss of $252 million for 2021 in its full-year results today, compared to a profit of $177 million a year ago. ...

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Funds management

Charter Hall Long WALE REIT has posted an 8.3% year-on-year uplift in net property valuation in 1H FY22 thanks to increased exposure to the industrial and logistics secto...

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Funds management

Perpetual has announced that its total assets under management stood at $102.8 billion in Q2, up 1.8% on the prior period, with all divisions showing growth....

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Financial planning

Improved trading conditions has seen Macquarie Group’s net profit to grow to $2,043 million in 1H22, representing a 107% growth on 1H21. ...

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Financial planning

The cessation of grandfathered rebate revenue has driven down the group’s adjusted net profit after tax to $7.444 million for FY21....

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Financial planning

ClearView has announced underlying net profit after tax is up 54% to $22.7 million but operating earnings for its financial advice arm were down 58% as it sells it to Cen...

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Funds management

Challenger repositioned its investment portfolio during the pandemic which included holding higher levels of cash and liquid assets and enhanced its business risk setting...

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Financial planning

A better than expected rebound in the Australian and New Zealand economies has helped drive up NAB’s cash earnings to $3.343 billion for the first half of 2021. ...

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Funds management

Australian Ethical has announced its funds under management has reached over $5 billion during the first half of FY21....

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Financial planning

The firm’s ‘clean’ sustainable financial advice model and its client-centric accounting and advice helped improve profitability for the first half of FY2021. ...

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Financial planning

ANZ has announced a 54% rise in unaudited cash profit from continuing operations to $1.81 billion while its unaudited statutory profit after tax for Q1 stood at $1.62 bil...

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Funds management

Netwealth’s funds under administration reached $40.7 billion as of mid-February and the board has declared a fully franked dividend of 9.06 cents per share. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 12 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago