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Showing 251 - 260 of 1552 results for "Offset"

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... and Master Trust strategic repricing in 2021 as well as the release of AMP Bank credit loss provision which was partially offset by cost reductions. Its statutory NPAT more than tripled from $146 million to $481 million, largely driven by the gain on ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... because of an additional full-time equivalent, and higher personnel and leave costs. Though, the latter costs were partially offset by productivity. FY22 cost growth is now expected to be approximately 3-4% which includes a top-up payroll and customer ...

Hejaz Financial Services, GBST provide online calculators

CASSANDRA BALDINI  |  THURSDAY, 4 AUG 2022
... engagement is its first Islamic banking client. Hejaz has implemented calculators for insurance needs, extra repayments, offset, borrowing power, retirement adequacy, savings plans, stamp duty, insurance adequacy, and rent vs buy. GBST head of digital ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
... positive engagement within the advisory channel. Flows into MLC's retail asset management offering were once again positive, offset by outflows from the institutional channel which are typically lumpier in nature. The integration of MLC Advice into Bridges ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
... veterans are facing higher end of year tax liabilities." "Therefore, the government will also introduce a non-refundable tax offset to prevent any adverse income tax outcomes for affected veterans in the DFRDB and MSB schemes." According to Jones and ...

Perpetual funds down amid market decline

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
... International's AUM fell 5% in the prior quarter to $69.2 billion. Net outflows totalled $2.1 billion but were partially offset by favourable foreign exchange movements which benefited AUM by $6.5 billion. Perpetual chief executive and managing director ...

ETF flows up despite volatility: Vanguard

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... economies because as a commodities exporter, Australia stands to benefit from higher commodity prices, which will help offset weakness in other parts of the economy." Akin to Tieu, Gray said clients continue to invest to finance long-term goals and follow ...

Blackstone invests US$400m in ESG commodity exchange

CHLOE WALKER  |  THURSDAY, 7 JUL 2022
The private equity giant has announced it will pour US$400 million into Xpansiv, a platform that lets investors trade assets tied to the energy transition, such as carbon offsets and renewable energy credits. The money will be used to drive growth via ...

Rest secures investment in historic tower

CHLOE WALKER  |  WEDNESDAY, 6 JUL 2022
... he said. "Property assets can typically generate income that tracks inflation, such as ongoing lease payments, to help offset the impact of volatility and broader inflation."