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

Search Results

Showing 111 - 120 of 1134 results for "Gross"

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
Mayfair 101 says its noteholders have been left devastated by new sales data that suggests the Mission Beach real estate portfolio has increased in value by as much as $170 million. Mayfair 101 purchased the portfolio of 200-plus properties in 2019. ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... policy in reducing inflationary pressures. This approach has led to a decrease in deficits and public debt projections, with gross debt expected to peak at 35.4% of GDP in 2027-28 before declining. "We will avoid $145 billion over 12 years to 2033-34 ...

Insignia, WT Financial complete Millennium3 transfer

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... It said, based on modelling, the acquisition should contribute more than $50 million in revenues, about $4.5 million in gross profit, and more than $500,000 in net profit before tax. It also grows WT Financial Group's funds under advice by $5 billion ...

Gender pay gap a crucial diversity metric: FSI

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2023
... information on gender pay gap is far less prevalent. Unadjusted gender pay gap is defined as the difference between average gross hourly earnings of male paid employees and of female paid employees as a percentage of average gross hourly earnings of ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... expected in December, WTL anticipates the acquisition will add over $50 million in revenue, approximately $4.5 million in gross profit, and more than $500,000 in net profit before tax to the group on an annualised basis. Further, WTL said the M3 network ...

Large Australian corporations pay record tax: ATO

ANDREW MCKEAN  |  THURSDAY, 9 NOV 2023
... payments from an entity does not inherently indicate a failure to fulfill tax obligations. Taxes are levied on profits, not gross income, allowing for instances where entities with substantial revenues may not realise profits due to a multitude of legitimate ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... to which the financial service relates equals or exceeds $500,000; have net assets worth $2.5 million and over; or earn gross income $250,000 per annum or more over the last two financial years. Wholesale advisers enjoy less scrutiny from the corporate ...

Stockspot launches two options

KARREN VERGARA  |  FRIDAY, 27 OCT 2023
Robo-adviser Stockspot has launched two investment options that aim to protect investors from soaring inflation and generate higher levels of income respectively. The Topaz Inflation portfolio invests exchange-traded funds cover a range of countries ...

High-performing firms reveal strategies behind success

KARREN VERGARA  |  FRIDAY, 27 OCT 2023
... as one that generates a profit margin of 56% (before owner salaries) compared to 44% in other firms, while an owner earns gross profit of $809,163. Top firms also boast clients achieving $2675 in profit on average while it costs them $1940 in expenditure ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... as most recently seen in the strong retail sales data released earlier this week," he said. "Forecasters generally expect gross domestic product to come in very strong for the third quarter before cooling off in the fourth quarter and next year." Nevertheless ...