OneVue delivers positive EBDITA for first-half and record FUA Key highlights

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First positive period of operating EBITDA Both Fund Services and Platform Services deliver positive operating EBITDA On track to deliver full year forecast EBITDA FUA in Platform Services risen 45%... Read more continue reading

Credit growth steps up, again

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Private Sector Credit – January 2015 Total credit to the private sector rose by 0.6% in January.  Annual growth stepped up to 6.2%. Housing credit was up 0.6% over the... Read more continue reading

SMSF Association calls for debate on tax concessions

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The SMSF Association is calling for an informed debate across industry and government about the cost of superannuation tax concessions. SMSF Association CEO/Managing Director Andrea Slattery says the need for... Read more continue reading

Biggest lift in services investment in 7 years

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Business investment; Average weekly earnings Softer investment: New business spending on buildings or equipment fell by 2.2 per cent in the December quarter after a 0.6 per cent increase in... Read more continue reading

AIA delivers record results

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The highlights of AIA’s performance in 2014 include: Record value of new business (VONB) 24 per cent growth in VONB to US$1,845 million Annualised new premium (ANP) of US$3,700 million,... Read more continue reading

HUB24 partners with GPS Wealth for new white label

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Independently owned national licensee GPS Wealth has selected HUB24 to provide a new managed account offering for its member firms. The initiative will see HUB24’s award winning technology deployed in... Read more continue reading

Countplus Limited posts FY2015 half year results

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Countplus Limited (ASX: CUP) reported a half year Consolidated Net Profit Before Tax result of $8.73 million (down 7.4%) and a Net Profit After Tax result of $6.08 million (down... Read more continue reading

Superannuation taxes alone won’t build sustainable retirement outcomes

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A sustainable national retirement outcomes policy will not be achieved by targeting tax treatment of superannuation in isolation the Financial Services Council said yesterday. In her maiden speech at the... Read more continue reading

Soft wages & construction keep rates in focus

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Construction work done; Wage price index Construction activity eases: Construction work done fell by 0.2 per cent in the December quarter. Residential work rose by 2.5 per cent but commercial... Read more continue reading

AXA Real Estate raises over $2.2 billion for latest co-mingled commercial real estate debt fund

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$5.4 billion of commitments received and $7.2 billion invested into CRE and infrastructure debt in 2014 AXA Real Estate Investment Managers SGP, an affiliate of AXA Real Estate Investment Managers... Read more continue reading