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Showing 391 - 400 of 615 results for "profit"

UCA Funds Management hires James Cook as director investments

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
... experience working with charitable organisations will also be an asset to our investors, many of whom are from the not-for-profit sector. "We believe James' experience will strengthen the investment team, provide strong investment leadership, and allow ...

HESTA makes $19m impact investment in aged care facility

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2017  |  NEWS
... That was our preference." The development of the Korongee village is a partnership between HESTA, Glenview - a not-for-profit aged care provider, SVA and the Commonwealth government. The greenfield site in the Tasmanian suburb of Glenorchy will have ...

Community Sector Banking recertified as B Corporation

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2017  |  NEWS
Community Sector Banking has been recertified as a B Corporation. Andrew Cairns, CEO, Community Sector Banking B Corps are certified by B Lab and certification means meeting measures of social and environmental performance, accountability, and transparency. ...

Removing complicity in modern slavery?

RACHEL ALEMBAKIS  |  FRIDAY, 19 MAY 2017  |  NEWS
... where arms-length transactions can be an excuse to turn a blind eye to inhuman practices all in the name of turning an easy profit. It is often said all that evil needs to flourish is for good men to do nothing. The time has come for Australian business ...

RIAA launches Impact Investment Forum to build scale in sector

RACHEL ALEMBAKIS  |  FRIDAY, 19 MAY 2017  |  NEWS
The Responsible Investment Association Australasia (RIAA) has launched the Impact Investment Forum, taking over some of the assets from the Australian Advisory Board on Impact Investing and Impact Investing Australia. Simon O'Connor, RIAA CEO The Impact ...

Government to establish $1 bn National Housing Finance and Investment Corporation

RACHEL ALEMBAKIS  |  FRIDAY, 12 MAY 2017  |  NEWS
... funds, and the NHFIC will then have "significant capital" to lend to registered community housing providers and not-for-profit housing providers, Peacock added. "Most likely, because these bonds will be issued on a 15, 20 or 25-year term, the corporation ...

Australian Ethical Investment exceeds $2 billion in assets under management

RACHEL ALEMBAKIS  |  FRIDAY, 28 APR 2017  |  NEWS
... their investment decisions as powerful levers for effecting change." Australian Ethical has also announced a forecast net profit after tax (NPAT) for the 12 months ending 30 June 2017 of between $2.2 and $2.6 million. Underlying profit (UPAT) is expected ...

ACSI appoints two new members to board of directors

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
... owners, with a common interest as long-term investors in the capital markets. ACSI has 29 Australian members, including profit-to-member superannuation funds and asset managers who manage money for the profit-to-members sector. They collectively manage ...

Government launches inquiry investigating need for Modern Slavery Act

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2017  |  NEWS
The federal government has launched an inquiry into whether Australia should adopt national legislation comparable to the United Kingdom's Modern Slavery Act 2015. Alice Cope, executive manager, Global Compact Network Australia The Foreign Affairs and ...

Impact Investing Australia, Philanthropy Australia launch new grant program

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2017  |  NEWS
Impact Investing Australia and Philanthropy Australia have launched a new grant program to help not-for-profit organisations and for-purpose businesses to explore impact investing activities and attract potential investors. Daniel Madhavan, CEO, Impact ...