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Showing 1021 - 1030 of 6746 results for "Profit"

Aussie charities robust prior to COVID

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
The nation's charitable organisations reported revenues of $166 billion that grew 7% during 2019, underscoring a robust sector prior to the coronavirus pandemic. The state of the sector analysed by the Australian Charities and Not-for-profits Commission ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
Simply stunning! "The April survey result is simply stunning - with many variables reaching survey highs. Conditions reset last month's high, driven by further gains across trading conditions, profitability and employment. Confidence has also set ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... producing and distributing the required materials to members, along with the AMM notice, is likely to be significant... A profit-to-member fund estimated in a submission to the Senate Economics Legislation Committee that the cost of organising and hosting ...

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
Media Super is increasing its administration fees and insurance premiums, despite a pending merger with $60 billion industry fund Cbus. Media Super will increase its administration fee from $1.25 to $2 a week, effective from 1 July 2021. It will also ...

Digital fact-find gains momentum

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... online survey tools. The impact of this is a better experience for clients and less time spent by advisers, leading to more profit, not to mention more productive meetings, Patty said. The startup has raised funding from a number of industry participants ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... extended temporary loss carry-back to include the 2022/23 income year to offset tax losses that have been paid to generate a profit. Businesses will receive a tax refund until 2023 against losses incurred in the years following 2018 to assist companies ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... decade. The only part of the superannuation system growing its inflows are employer SG-driven contributions into not-for-profit funds. Even personal contributions into SMSFs have collapsed, with thanks of course to the introduction of the Transfer Balance ...

Pendal to acquire US firm, profit climbs

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
Pendal Group has announced its plans to acquire US-based investment firm Thompson, Siegel & Walmsley (TSW) as profit rose 8%, according to its half-year results. Pendal will purchase TSW for US$320 million ($414 million) which represents 7.6x the first ...

Macquarie posts $3bn profit, makes hire

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
Macquarie Group recorded a 106% increase in statutory profit to $3 billion from the first half of the year in its full-year results and named the chief executive of Macquarie Asia. The ASX-listed group's profit was a 10% increase on FY20 and 68% ...

ANZ profits up 45%, dividends double

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
ANZ posted statutory profit after tax in the first half to $2.9 billion, up 45% from 2H20. The bank announced a dividend of 70 cents per share, double of the previous half's dividend. ANZ said key drivers for the increase in its profits were net credit ...