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

Search Results

Showing 2391 - 2400 of 14210 results for "Interest"

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... average claims size driven by supply chain disruptions. In May 2020 the bank entered into an agreement to sell a 55% interest in Colonial First State (CFS) to KKR. The sale was completed last December and resulted in a post-tax gain of $840 million (net ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... declines, rising seven index points. NAB called this "a marked rally in the face of headwinds from inflation and rising interest rates, as well as a deteriorating global economic outlook." Business conditions also remained well above average, with trading ...

EG private wealth syndicate sells off industrial site

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... right time. On the acquisition front, Walt predicts that there'll be better opportunities towards the end of the year as interest rates rise and a slowing economy take hold, delivering some mispriced or undervalued opportunities. "My focus per product ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... comes to growing their wealth," Winters said. "Our investors don't want their hard-earned money just sitting in a low interest bank account, they want their money to grow and create real value."

ASIC flags 'significant' IDR compliance issues at super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
An analysis of close to 50,000 complaints made to super funds has found some trustees are failing to adequately record and respond to member complaints. ASIC is currently undertaking surveillance of super funds' internal dispute resolution processes ...

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... still retains the right to reject the acquisition. Macquarie's purchase price of 16.9 times normalised earnings before interest, tax, depreciation and amortisation was "significantly higher than the acquisition price resulting from the takeover bid" ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... sacrificing even just $100 or $200 each month will make a huge difference when it comes to retirement, thanks to compounding interest." Results showed that Gen X are the most likely to make monthly contributions to their super (17%), compared to 10% ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... share of tax in Australia." This discussion paper seeks to amend Australia's existing thin capitalisation rules to limit interest deductions for MNEs in line with the Organisation for Economic Cooperation and Development (OECD)'s recommended approach ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... rapid changes in APRA's operating environment, including geopolitical tensions, inflationary pressures and rising interest rates, and the impact of new technologies, APRA said. It highlighted improving superannuation performance by continuing to ...

Philanthropist fund unveils new NFP partners

CHLOE WALKER  |  MONDAY, 8 AUG 2022
... investment in mental health, similar advances can be made in the youth mental health space." Following an expression of interest process that attracted over 175 applicants, Future Generation's new impact partners include BackTrack, Big hART, Happy Paws ...