Editorial

Bridges drives AWM to beat profit forecast

Bridges Financial Services was the major revenue contributor for Australian Wealth Management (AWM), helping propel the company to a net profit after tax of $6.1 million ...

Editorial

MLC helps NAB to record profit

Although National Australia Bank chief executive John Stewart told investors yesterday that the bank is “not out of the woods” despite posting a record profit, a strong s...

Editorial

Tower announces profit downgrade

Poor performance from its New Zealand risk business has failed to knock trans-Tasman insurer Tower off a two-year course of profitability....

Editorial

Trust Company posts $20m profit

Trustee, funds management and financial planning company Trust Company of Australia has posted an after tax profit for the first six months ended August 31, 2005, of $20....

Editorial

Macquarie interim profit up 51 per cent

Macquarie Bank has posted an after tax profit of $A730 million for the half year ending September 30, 2006, representing an increase of 51 per cent when compared to the r...

Editorial

Suncorp helped by 28.6 per cent wealth management profit

A 28.6 per cent increase in net profit generated by its wealth management arm has helped drive Queensland-based Suncorp to a 16.1 per cent increase in net profit for the ...

Editorial

AMP Financial Planning makes significant contribution to group profit

AMP appears to have moved beyond some of the troubles of last year, to report an 11 per cent increase in underlying profit for the year ended December 31....

Editorial

Allco posts $93.2 million profit

The Allco Finance Group has posted a half-year net profit for the period ended December 31, 2006, of $93.2 million, up from the $46.4 million achieved by Record Investmen...

Editorial

Funds management helps drive Comm Bank profit

The Commonwealth Bank’s funds management and advisory arms made a significant contribution to a 19 per cent increase in the bank’s net profit after tax to $2,271 million,...

Editorial

Count scores 27% profit increase, positions for growth

Accountancy-based wealth management group, Count Financial has recorded a strong half-yearly result recording a 21 per cent lift in revenues to $58.64 million driving an ...

Editorial

Macquarie profits continue to climb

Macquarie Bank expects profits for the six months to March 31, 2007, to be up strongly, thanks in part to the combined effect of strong inflows into its Funds Management ...

Editorial

Centro chalks up record half-yearly profit

The Centro Properties Group has achieved a record result for the half year ending December 31, 2006, declaring distributable operating earnings of $162.8 million represen...