Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1101 - 1110 of 6964 results for "Tax"

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... Qualitas shared its impressive financial results for the half year ended December 31 (1H23), up 117% on its net profit after tax. "A combination of significant growth in funds under management (FUM) to $5.8 billion and record deployment of capital drove ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
... portfolio administration and reporting services (PARS) decreased to $17.2 billion at 31 December 2022. Underlying net profit after tax (NPAT) grew 87% to $26.6 million and underlying EBITDA was $49.9 million, up 68% on 1H22. Statutory NPAT was $15.5 ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
Link Group flagged it is in "advanced confidential discussions" with the UK's financial markets regulator to settle its investigation against the failed Woodford Equity Income Fund. The case has dragged on since 2019, when fundie Mark Woodford went ...

Magellan profits down 67%

CHLOE WALKER  |  THURSDAY, 16 FEB 2023
After a period of turbulence, Magellan reported statutory net profit after tax of $83.8 million for the second half of 2022 - down 67%. The group reported the drop to the ASX this morning, though did declare an interim dividend of 46.9c per share, 85% ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
AMP is set to pay a dividend of 2.5c per share after reporting a statutory net profit after tax (NPAT) of $387 million, its first since the Royal Commission came to an end. It marks a significant turnaround for the wealth giant, having last year reported ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... $198 million, which included charging clients fees for no service provided. The group made a record $5.2 billion in after-tax profit in the last six months of 2022. Most of its operating income of $13.6 billion (up 12% year on year) was driven by a recovery ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
Challenger had an increase in net profit before tax despite a significant drop in statutory net profit after tax due to negative market movements. Challenger's 1H23 net profit before tax (NPBT) rose 5% to $250 million, with the higher earnings driven ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
The Productivity Commission review aims to boost donations to charities and meet the government's goal of doubling philanthropic giving by 2030. The Productivity Commission has been asked to consider the trends in philanthropic giving in Australia ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
... advisers. It also launched Deep Green SMA in a bid to capture the ESG segment. The group's underlying net profit after tax dipped 9% to $7 million year on year, while statutory NPAT dropped 17% to $5.5 million. The ASX-listed firm now has 181 staff ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... financial outcomes for women, the government can pay the super guarantee on paid parental leave and increase the low income super tax offset (LISTO). "Paying the super guarantee on paid parental leave, the same way as we do on wages, is one of the ways ...