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Showing 161 - 170 of 1552 results for "Offset"

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... childcare is a significant contributing factor to the problem." Secondly, increasing the low-income superannuation tax offset (LISTO) so that workers earning up to $45,000 receive a full tax refund on their super guarantee (SG) contributions can boost ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... combination of $1.7 billion in net outflows and a $1 billion decrease related to the divestment of its investment bonds unit, offset by market performance. The outflows were from existing institutional clients, with $1.2 billion taken from Antares Fixed ...

Gen Zs now 'loud budgeting': Research

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... prepping. "The younger you are, the more likely you are to stash that money into a high-interest savings account or an offset account, so instead of spending it, you're saving it," he said. "We've seen steady growth in the number of younger customers ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... for our core and higher margin corporate trust business". Certane Group chief executive Darran Goodger said: "From the offset when speaking with Matt, it was clear that bringing together these two companies made for an exciting prospect for all stakeholders. ...

BlackRock bags Global Infrastructure Partners for US$12.5bn

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
... giant also reported flat full year revenue primarily driven by the negative impact of markets on average AUM, partially offset by higher technology services revenue. "As we've seen before, when investors were ready to put money back to work, they did ...

Pinnacle collects large performance fees, writes down OpenInvest

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
While its affiliates delivered $41.9 million in performance fees, Pinnacle Investment Management said several detractors, such as a write down of OpenInvest, could dampen its half-year results. In a 2024 half-year reporting update, the ASX-listed firm ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... in the client's interest, the financial planner will look at alternative policies with other insurance companies to offset this higher cost," he said. "The client's health is an important consideration as their health could have deteriorated ...

Agricultural sector in for a mixed 2024: Outlook

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... that volatility in global grain markets remains a concern, and above average freight costs are expected as high fuel costs offset smaller production. Further, while cattle prices are tipped to increase marginally, it said the cost of lamb is expected ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... rates, rising costs and geopolitical tensions," he said. Elliott explained that ANZ carefully managed costs to partially offset the high inflation environment while continuing to invest in initiatives to set the bank up for sustainable long-term success. ...

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... re-direct all fees received from the developer since the inception of the development to date into the syndicate fund to "offset a portion of capital losses, if any, for the benefit of investors." This story was updated at 4:34pm.