The Summerset Group Holdings Ltd (ASX: SNZ) share price is in focus after the company reported 415 occupation right sales for the third quarter of FY26, with total sales up 10% year to date and resales jumping 27% compared to this time last year.

What did Summerset Group report?

• 415 occupation right sales in Q3 FY26, with 175 new sales and 240 resales
• Year-to-date total sales of 1,228, up 10% on the first nine months of FY25
• Resales up 36% year-on-year in Q3, and 27% higher year-to-date
• Strong performance in Canterbury region, with 63 sales in Q3 (15% of total)
• Deferred Management Fee (DMF) increased to 30% with no material impact on contracting

What else do investors need to know?

Summerset’s Q3 new sales were down from Q3 2025, reflecting broader economic uncertainty and some hesitancy among prospective residents. The company notes that activity levels improved after June, with sales contracts signed in Q3 rising 20% compared to the first two quarters of this year.

Despite a challenging housing market and external factors such as the Middle East conflict, demand for Summerset villages remained positive. The company credits recent independent consumer awards and strong brand recognition for underpinning prospective resident enquiry.

What did Summerset Group management say?

Chief Executive Scott Scoullar said:

Our resales performance was strong and we were pleased to see demand turning into sales across our established villages this quarter.

What’s next for Summerset Group?

Summerset enters Q4 with a healthy pipeline of potential contracts and continued buyer interest, although the timing of settlements remains tied to residents’ ability to sell their homes. The business is managing its development pipeline with discipline while focusing on sustaining sales momentum through market uncertainty.

The company remains confident, pointing to improved sales activity and ongoing trust in the Summerset brand, reaffirmed by recent industry awards for service and care.

Summerset Group share price snapshot

Over the past 12 months, Summerset Group shares have declined 49%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period

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The post Summerset Group Q3 FY26 earnings: Sales up 10% on strong resales appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The GQG Partners Inc (ASX: GQG) share price is in focus after the company reported total funds under management (FUM) of US$149.2 billion as at 30 September 2026, with net outflows of US$2.3 billion offset by investment performance gains of US$2.4 billion for the month.

What did GQG Partners report?

• Total FUM as at 30 September 2026: US$149.2 billion
• Net outflows for September 2026: US$2.3 billion
• Investment performance gains for September 2026: US$2.4 billion
• Quarterly net outflows: US$11.1 billion
• Quarterly investment performance gains: US$4.4 billion
• All four core strategies delivered positive absolute and relative returns in September and Q3 2026

What else do investors need to know?

GQG Partners continues to focus on its four primary investment strategies, all of which delivered positive results in both absolute and relative terms during the month and quarter. The company noted double-digit annualised net returns over the three-year period ending 30 September 2026, in line with its investment objectives.

Most of GQG’s fee income comes from ongoing fees calculated as a percentage of assets rather than performance fees, providing stable and predictable revenue. The management team remains committed to daily portfolio reviews and prudent risk management aimed at compounding client capital over the long term.

What’s next for GQG Partners?

Looking ahead, GQG Partners will maintain its disciplined investment approach and regular portfolio reviews to manage risk and pursue growth for client funds. The next funds under management disclosure is set for 11 November 2026, with further updates scheduled monthly.

The team remains focused on generating consistent results across market cycles, closely aligning management interests with those of shareholders and clients for long-term business development.

GQG Partners share price snapshot

Over the past 12 months, GQG Partners shares have declined 28%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post GQG Partners posts FUM of US$149.2bn in September 2026 appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Gqg Partners. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Commonwealth Bank of Australia vs AMP shares

If you’re considering Commonwealth Bank of Australia (ASX: CBA) versus AMP Ltd (ASX: AMP) shares for passive income, you’re not alone. Both are well-known names in Aussie financial services, but they stand in very different corners of the market. Let’s break down where these two fit in the ASX ecosystem, how their dividends compare, and which might better suit a 40-year-old investor searching for reliable income.

The case for Commonwealth Bank of Australia

Commonwealth Bank of Australia, or CBA, is the bank most Australians recognise. As one of the “big four” local banks, CBA offers everything from everyday banking to superannuation, insurance, funds management, and broking. Its huge customer base and geographic reach through Australia, New Zealand, Asia, and beyond make it a dominant force in Australian financial services.

What jumps out in the numbers? First, CBA has a massive market cap of $251.64 billion—this is financial muscle few can match on the ASX. Its dividend yield is 3.31%, and those dividends are fully franked at 100%, meaning investors benefit from the maximum tax credits. The trailing P/E ratio sits at 23.38, reflecting the bank’s premium status (and market confidence) but also suggesting investors pay up for its perceived stability.

The case for AMP

AMP, once one of the giants in Australian wealth management, is now a very different beast to CBA. AMP still delivers superannuation, insurance, and banking products, but in recent years has massively restructured—offloading large business units, entering joint ventures, and refocusing on its core services. AMP is aiming to restore its reputation and grow through a more focused wealth and banking platform.

What’s striking here is the smaller scale: AMP’s market cap is $6.13 billion, a small fraction of CBA’s. Yet, its shares have soared YTD, up 43.41%, likely helped by optimism around its ongoing turnaround. The dividend yield stands at 1.95%—lower than CBA—and dividends are only 20% franked, so the tax benefit for income-seekers is much lower. Its P/E ratio sits at 34.59, higher than CBA’s, which may reflect expectations for future growth, but could also indicate the market is willing to pay more for the turnaround story.

Valuation comparison

Here’s how the key numbers stack up side-by-side:

Metric	Commonwealth Bank of Australia	AMP
Market Cap	$251.64 billion	$6.13 billion
P/E Ratio	23.38	34.59
Dividend Yield	3.31%	1.95%
Dividend Franking	100%	20%
Dividend per Share (TTM)	$5.05	$0.05
Earnings per Share	6.517	0.074
Year To Date Return	-1.96%	43.41%

What stands out? CBA offers higher dividend yield and much fuller franking—critical if you’re relying on dividends for income in retirement or semi-retirement. AMP’s higher P/E and much lower dividend payouts, as well as only 20% franking, make it less attractive for passive income, at least on these numbers.

Recent share price momentum

Comparing recent share price performance up to 7 October:

• Commonwealth Bank of Australia closed at $150.37 on 7 Oct 2026, posting a -1.32% move that day and a YTD return of -1.96%.
• AMP closed at $2.54 on 7 Oct 2026, down 0.78% for the day but boasting a stellar YTD gain of 43.41%.

While AMP’s 2026 share performance has far outpaced CBA, its day-to-day volatility is also higher. CBA has delivered flat-to-slightly-negative returns YTD, but in the context of larger banks, that’s not unusual given macro conditions.

Which is the better buy?

If passive income is your goal—especially with franking credits to boost after-tax returns—I’d lean clearly toward Commonwealth Bank of Australia. The combination of a higher dividend yield (3.31% vs AMP’s 1.95%), fully franked payouts, and greater dividend reliability across many years all play in CBA’s favour. Its earnings, scale, and track record make it a mainstay for anyone seeking regular, tax-effective income.

AMP’s dramatic rebound in 2026 is eye-catching, but for passive income seekers, the thin yield, patchy franking, and the uncertainty of recent years don’t tick enough of the right boxes. AMP might suit those hunting for turnaround potential or capital gains. But for a 40-year-old after consistent, tax-friendly dividends—the sort that can help fund a comfortable lifestyle without too much risk—my pick would be Commonwealth Bank of Australia.

The post CBA vs AMP: Which is better for a 40-year-old investor seeking passive income? appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial draft. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.