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Showing 101 - 110 of 6823 results for "Tax"

Advisers lose lead in SMSF establishments: Panel

KARREN VERGARA  |  WEDNESDAY, 18 FEB 2026
... growth opportunity, while also attracting emerging interest from Gen Z and Alpha. This is despite the proposed Division 296 tax implications and a broader industry discussion around super regulation," he said. There are currently 661,384 active SMSFs ...

Magellan profits fall, focuses on 'progress'

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
Magellan Financial saw statutory net profit after tax (NPAT) drop 27% in the first half of FY26 of $68.9 million, down from $94 million in 1H25. Magellan said statutory NPAT took a hit due to unrealised fair value movements in fund investments. Operating ...

Netwealth reports HY loss after $100m payment to First Guardian victims

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... victims of the First Guardian Master Fund collapse. Excluding the First Guardian expense, Netwealth said net profit after tax would have grown 19.9% to $69 million. Funds under administration (FUA) custodial inflows increased 10.7% to $16.4 billion in ...

Opposition leader unveils fresh shadow cabinet

RIDDHIMA TALWANI  |  WEDNESDAY, 18 FEB 2026
Newly appointed Opposition leader Angus Taylor has unveiled his shadow cabinet, promoting Tim Wilson from the industrial relations portfolio to the position of shadow treasurer. Taylor became the leader of the Opposition after winning a Liberal Party ...

Challenger results a 'headline miss'

ELIZA BAVIN  |  TUESDAY, 17 FEB 2026
Challenger reported a statutory net profit after tax (NPAT) of $339 million, a massive 369% increase, in the first half of 2026. Normalised NPAT came increased 2% to $229 million and assets under management increased 3% to $128 billion. Despite the ...

HESTA urges government to modernise Australian retirement system

RIDDHIMA TALWANI  |  MONDAY, 16 FEB 2026
... Analytics, commissioned by HESTA, showed up to 1.8 million Australians missed out on an estimated $2.46 billion in additional tax-free investment earnings in 2025. Without reform, the research said, this figure is projected to rise to more than $5 billion ...

AMP profits fall as Alexis George prepares to step down

ELIZA BAVIN  |  THURSDAY, 12 FEB 2026
... business simplification process, coming in at $133 million, down from $150 million in FY24. However, underlying net profit after tax (NPAT) grew 20.8% to $285 million mostly driven by success in the platforms business. Platforms underlying NPAT up 9.3% ...

Division 296 bill tabled, suggested reforms fall on 'deaf ears'

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
Although the tabling of the super tax bill was largely supported by the industry, the SMSF Association (SMSFA) remains concerned about the likelihood of "unintended" consequences. Yesterday, Treasurer Jim Chalmers introduced the Treasury Laws Amendment ...

ASIC inquiry an 'inflection' point for ASX: Lofthouse

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... frameworks. ASX posted revenue growth of 11.2% to $602.8 million in the six months to December end. Underlying net profit after tax (NPAT) grew by 3.9% to $263.6 million, and statutory NPAT was up 8.3%, driven by growth in operating revenue, including ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... stealing sensitive client information such as names, addresses, birth date, driver's licences, passports, bank accounts, and tax file numbers. The data was then released on the dark web. The breach occurred after a FIIG employee downloaded a.zip ...