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Showing 151 - 160 of 6762 results for "Profit"

Removing CGT breaks could boost budget by $22.7bn: Report

ANGELIQUE MINAS  |  FRIDAY, 10 OCT 2025
A new report by anti-poverty organisation Oxfam Australia (Oxfam) revealed nearly 50% of the capital gains tax discount went to 24,000 people who earned over $1 million in 2022-2023. Findings indicate that on average, each of these individuals received ...

Wealth and asset management to "significantly" consolidate by 2029: Oliver Wyman

RIDDHIMA TALWANI  |  FRIDAY, 3 OCT 2025
The global wealth and asset management industry is entering a period of significant consolidation, with over 1500 transactions expected in the coming years. A report by Oliver Wyman with Morgan Stanley estimates a reduction of around 20% in the number ...

QIC delivers $9.6bn for Queensland

ELIZA BAVIN  |  THURSDAY, 2 OCT 2025
... fluctuating market conditions during the financial year, assets under management grew to $131.6 billion, while an operating profit before tax of $154.1 million saw budget expectations exceeded by 26%. QIC chief executive Kylie Rampa said the results ...

Perpetual dumps 23m Myer shares

ELIZA BAVIN  |  FRIDAY, 26 SEP 2025
... price fell as much as 30% after announcing its full year results on Tuesday. The embattled retailer reported a fall in net profit after tax of $36.8 million for the year, down 30% on last year. On a statutory basis, the business reported a net loss of ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
... achieve better wealth goals. It services the bigger end of town, too. SMSFs, trusts, high-net-worth individuals and non-profit clients have all helped bolster FUM. For many clients who engage their accountant for tax advice and already have superannuation ...

BT launches new low-cost investment menu

ANGELIQUE MINAS  |  FRIDAY, 19 SEP 2025
BT is launching 'Focus' on its Panorama platform, a new low-cost investment menu in partnership with Vanguard Investments Australia. Available from October, the menu is designed to assist financial advisers in delivering scalable, cost-effective platform ...

Platinum pushes for L1 Capital merger ahead of EGM

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
... for the period. Platinum recently reported a 31% drop in adjusted operating profits before tax in 2025. The statutory net profit before tax was down more than 60% to $27.5 million. Platinum said it earned "negligible" performance fees for the year and ...

Aura Group explores ASX listing, appoints advisers

RIDDHIMA TALWANI  |  THURSDAY, 18 SEP 2025
... experience in investment research and advisory and continues to hold several advisory, investment committee, and not-for-profit roles. Coggins will serve on the fund and internal investment committees and advise on investments as the firm gets ready ...

PPS Mutual appoints new chair

ANGELIQUE MINAS  |  TUESDAY, 16 SEP 2025
... Deloitte's Australia office. He also has longstanding commitments to the Actuaries Institute and a significant tenure in the non-profit sector. Asher will succeed outgoing chair Mike Jackson, who will remain in the company for 12 months to support the ...

Conscious IM delivers affordable housing solutions

ANGELIQUE MINAS  |  WEDNESDAY, 10 SEP 2025
... HAFF program is a great mechanism to address housing need at scale, and we're committed to supporting experienced, not-for-profit providers to be at the centre of its delivery." Meanwhile, Future Group chief executive Simon Sheikh said: "By becoming ...