ASX Announcements
Application for quotation of securities - NWL
Appendix 2A (Application for Quotation of Securities)
- Sep 13, 2024
- 7 pages
Application for quotation of securities - NWL
Appendix 2A (Application for Quotation of Securities)
- Aug 22, 2024
- 7 pages
July
The 10 wealthiest executives in the ASX 300 revealed
The Australian Financial Review’s Rich Bosses list for 2024 is dominated by tech and mining executives and also welcomes a new face.
- Euan Black
May
What this CEO has learnt about spouting off ideas in meetings
Netwealth CEO Matt Heine is a self-proclaimed “ideas fountain,” but has learnt the trait doesn’t always work in the top job.
- Ciara Seccombe and Lap Phan
July 2023
Mason Stevens launches IPO roadshow; talks up record revenues
Street Talk understands the wealth manager technology and services provider has been doing the rounds with potential investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Why the boss of this $7b company is wary about the hype around ChatGPT
Pro Medicus CEO Sam Hupert also says the company has benefited from an early decision to remain debt-free.
- Sally Patten and Patrick Durkin
The 10 wealthiest executives in the ASX 300 revealed
The Australian Financial Review’s Rich Bosses list for 2023 is dominated by mining and technology executives, and includes a displacement at the top spot.
- Euan Black
- Opinion
- Rich Bosses
Why investors love a Rich Boss – and how to get more of them
The Rich Bosses list reads like a roll of fund managers’ market darlings or private equity’s big misses. It’s all about backing a founder.
- Anthony Macdonald
Netwealth share price jumps as gross inflows hit record $6.2b
The company finally “appeared to have stemmed” year-on-year declines in inflows, an analyst said, even though it was largely driven by a single transition.
- Updated
- Hannah Wootton
How this CEO (and his dad) built a $3.2b business from scratch
Ask Netwealth CEO Matt Heine what he has learnt about building a $3 billion company and he doesn’t miss a beat. “It’s really hard.”
- Sally Patten
November 2022
UBS unconvinced by AMP, Insignia turnarounds
Australia’s largest retail wealth managers still face a slew of revenue and regulatory headwinds three years after they were blasted by a royal commission.
- Aleks Vickovich
October 2022
Buy, hold, sell: Five resilient cash cows
Two fundies give their analysis of three profitable ASX darlings and share one small cap that they believe will continue to spew out cash (and remain resilient) over the year ahead.
How to bullet-proof your portfolio
A reader asks John Wasiliev whether the shares he owns will survive market volatility.
- John Wasiliev
August 2022
Netwealth’s Rich Lister steps back, but not ‘riding into sunset’
Michael Heine’s departure is part of the company’s succession plan and his son Matt Heine, now joint managing director, will become sole managing director.
- Updated
- Lucy Dean
April 2022
Wealth platforms claw $3.3b as Wexit frees up market
Shares in Hub24 jumped 3 per cent to $26.20, while shares in Praemium surged 16.9 per cent to 72c by 2pm in Tuesday’s trade.
- Aleks Vickovich
February 2022
- Opinion
- Chanticleer
What we learnt: Celebrity outlaws take Treasury Wines upmarket
The first Big Wednesday of earnings season also brought key results from Santos, Pro Medicus, Netwealth, Fletcher Building, Vicinity Centres and Pact Group.
- Updated
- James Thomson
‘Hunger Games’ for talent as Netwealth watches rates
Netwealth was punished by the sharemarket as higher costs weighed on profits.
- Updated
- Lucy Dean and Jonathan Shapiro
How these executives slashed meetings
The Australian division of a fast-moving consumer goods company eliminated 25,000 hours of meetings across its 130 staff over a 12-month period.
- Sally Patten
January 2022
Netwealth tipping strong finish to 2022
Wealth management company Netwealth produces a bumper December quarter, continues strong growth trajectory.
- Ayesha de Kretser
November 2021
Want to start a company? Be prepared to lose your house
Creating a $4 billion wealth management group took ‘a lot of shoe leather, a lot of hard work, a lot of commitment’ says Netwealth’s Michael Heine.
- Julie-anne Sprague
All eyes on Hub24 as Praemium in play
Now that wealth platform Praemium is officially in play, watchers are turning their minds to who could follow Netwealth and come calling.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Price row stalls Netwealth’s bid for Praemium
ASX-listed Praemium has rejected a non-binding offer to merge with larger competitor Netwealth and form a wealth administration powerhouse with $94 billion under control.
- Updated
- Aleks Vickovich