Latest Salary Packaging News

COG Financial Services Limited reported a 23% increase in net profit after tax to $18.8 million for FY2025, driven by growth in novated leasing and asset management segments. The company declared a fully franked final dividend of 3.0 cents per share, reflecting a strategic shift towards broking capabilities.

Smartgroup Corporation Limited reported robust financial growth in 2024, driven by record customer numbers and a significant rise in electric vehicle leasing, positioning the company for a sustainable future.

Critical Resources Limited has appointed seasoned mining executive Tim Wither as CEO, aiming to leverage his global experience to advance its lithium, antimony, and gold projects.

SG Fleet Group reported a solid $41.1 million NPAT for the first half of 2025, driven by strong disposal volumes and fleet growth across Australia, New Zealand, and the UK. While profit dipped from last year, the company anticipates normalization in the second half.

SG Fleet Group Limited reported a 9.8% drop in half-year profit to $41.1 million, while announcing a $3.50 per share acquisition scheme by Pacific Equity Partners' vehicle Westmann Bidco.

Carly Holdings Limited has agreed to merge its car subscription operations with Carbar Holdings in a $3.8 million deal, aiming to create a larger, more competitive player in Australia’s growing car subscription sector.

Smartgroup has been appointed as the exclusive provider of salary packaging and novated leasing services for Monash Health’s 25,000 employees under a new multi-year contract starting April 2025.