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Showing 181 - 190 of 1576 results for "Offset"

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... there's still more that can and should be done. ASFA, Super Members Council and HESTA said the Low-Income Super Tax Offset (LISTO) should be updated to reflect current tax and super settings. "Firstly, that they increase the maximum income eligibility ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... net revenues increased 0.6% to $695.7 million. Its transformation program delivered $18 million in cost savings, which offset increased salaries and spend on cybersecurity, Insignia said. Remediation provisions sat at $132.7 million as at December end. ...

Economists share their top left field ideas for 2024

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2024
... investment property can benefit from strong rental returns, while the current elevated borrowing costs are able to be largely offset given the low vacancy rates in the rental market, Paton said. Conversely, Koda Capital chief economist Brigette Leckie ...

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 ...