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Smartgroup Secures Salary Packaging Contract with Monash Health

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Smartgroup Secures Salary Packaging Contract with Monash Health

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An announcement from Smartgroup Corporation Ltd ( (AU:SIQ) ) is now available.

Smartgroup Corporation Ltd has been chosen by Monash Health, Victoria’s largest public health service, to administer salary packaging and novated leasing services for approximately 25,000 employees. This contract, starting from April 1, 2025, highlights Smartgroup’s competitiveness in the healthcare sector, although the company does not anticipate a significant earnings increase from this deal in the first half of 2025.

More about Smartgroup Corporation Ltd

Smartgroup Corporation Ltd is a company involved in providing salary packaging and novated leasing services, catering to various sectors with a focus on healthcare employers and their employees.

YTD Price Performance: 1.65%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $638M

Learn more about SIQ stock on TipRanks’ Stock Analysis page.

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