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Showing 231 - 240 of 6841 results for "tax"

Clime investments chief resigns

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... him for his service and support over the last three years," Clime chair John Abernethy said. Clime reported net profit after tax of $510,676 in the last financial year, following a massive loss of $3.8 million in FY24. Gross revenue of $13.4 million ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... financial year, according to the latest APRA figures. While revenue only rose 1% year on year to $5.9 billion, profit after income tax jumped by 210% to $116 million. Investment performance of $2.1 billion played a key role in driving profitability ...

Real estate private credit market tips towards $153bn

MATTHEW WAI  |  MONDAY, 1 SEP 2025
... environment", complemented by a well-established legal framework, broad contractual freedom in structuring terms, and a favourable tax regime, the report noted. Also unique to other developed markets in the APAC region, Australia's preferred assets include ...

TCorp chief executive retires, successor named

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
... I'm confident he will make an exceptional chief executive." The announcement came as TCorp reported an annual profit after tax of $165 million, a rise of 18%, resulting in a $140 million dividend for New South Wales for the financial year to June ...

K2 Asset Management seeks M&A partners

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... million. Total FUM grew 14% year over year while revenues of $6.2 million increased by 17%. The group made a net profit after tax of $344,687, recovering from FY24's loss of $635,784. The expansion of KAM's investment advisory services led by ...

Trust key to client satisfaction in advice: Report

MATTHEW WAI  |  FRIDAY, 29 AUG 2025
... includes five different metrics. The formula includes appropriate asset allocation (1.3%); behavioural coaching (3.1%); and tax planning (1.2%), while guidance on financial trade-offs, and expertise were considered "variable" and "priceless", respectively. ...

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... million. Adjusted EBITDA from continuing operations was $136.2 million, an increase of $65.8 million, and statutory profit after tax of $26.6 million, also improved on the prior year by $49.3 million. The group's profit from continuing operations was ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
... important you don't fall victim to the temptation of illegal early access schemes. The consequences can include additional tax, penalties, loss of retirement savings and disqualification as an SMSF trustee which goes on the public record," she said. ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
Perpetual took a slight hit in underlying profit after tax - down 1% to $204.1 million - flagging outflows in the asset management business and a softer performance in wealth management due to "uncertainty" surrounding its ownership. Despite the uncertainty ...

Platinum banks on merger positives amid dismal FY25 result

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... billion. The update came alongside a lacklustre set of financials, including a 31% drop in adjusted operating profits before tax. The statutory net profit before tax was down more than 60% to $27.5 million. Platinum said it earned "negligible" performance ...