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Showing 1181 - 1190 of 6964 results for "Tax"

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... in unlisted Australian businesses and infrastructure offered significant advantages. "These include a familiar and simpler tax and legal framework, lower management costs, franking credits, reduced currency risk, lower geopolitical risks, and the benefits ...

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
... retain the client management and trustee role for small APRA funds," it concluded. EQT further announced its net profit after tax is up 12.5% on the prior year to $24 million. For June 30 year end, it said funds under management, administration and supervision ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
Treasurer Jim Chalmers, minister for financial services Stephen Jones and minister for competition, charities and treasury Andrew Leigh have announced that work is underway on crypto asset reforms. "The Albanese government will improve the way Australia's ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds. The increase comes in its half-year results (H1 22) which also showed revenues ...

Magellan reports NPAT, FUM slide

CASSANDRA BALDINI  |  WEDNESDAY, 17 AUG 2022
Magellan has reported a drop in its adjusted net profit after tax and declared a significantly lower dividend. Magellan has reported a 3% drop in its adjusted NPAT to $399.7 million. Last year it was $412.4 million. Its average funds under management ...

Challenger appoints Duncan West as chair

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
... investment manager also reported its FY22 highlights and said, as of June 30, it recorded $254 million statutory net profit after tax. It said normalised net profit before tax was up 19% to $472 million and life sales increased to $9.7 billion from $6.9 ...

Findex appoints chief people officer

CHLOE WALKER  |  TUESDAY, 16 AUG 2022
... added in both metro and regional Australia and New Zealand to its ranks, spanning across wealth management, business advisory, tax advisory, risk insurance, audit and consulting sectors. https://www.financialstandard.com.au/news/findex-promotes-new-regional-partners-179795810?q=findex ...

GQG Partners net revenue jumps 21.3%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... (FUM) sitting at US$86.7 billion from US$84.7 billion. The asset manager also declared a 14.4% loss to its net income after tax, down US$123.3 million from US$146.4 million. GQG chief executive Tim Carver said during the first six months of the year ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... it has made significant progress towards its strategic priorities. However, in doing so the business' net profit after tax took a hit, down to $117 million from $155 million year on year. The biggest factor impacting the result was North and Master ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... agreement to sell a 55% interest in Colonial First State (CFS) to KKR. The sale was completed last December and resulted in a post-tax gain of $840 million (net of transaction and separation costs). The profit results said: "Post-tax transaction and ...