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Showing 271 - 280 of 3397 results for "Revenue"

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... Financial Services Council (FSC) says. New modelling shows that financial services could also earn $2 billion in export revenue, while productivity in the sector can result in a $800 million-a-year boost. Currently, Australia only exports 6.5% of funds ...

$3m super tax will level playing field: Australia Institute

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... estimates that the concessions on superannuation earnings and contributions cost the government $51.7 billion in foregone revenue in the last financial year. The cost of the Age Pension on the other hand was $58.9 billion. "In 2023-24, $17.7 billion ...

Iress sells superannuation business

ELIZA BAVIN  |  MONDAY, 20 JAN 2025
... completion of the share sale agreement, plus additional payments of up to $20 million over 12 months subject to agreed revenue milestones. Completion is expected in the second quarter of 2025 and is subject to approval from the Foreign Investment Review ...

Bell Financial expects revenues, profits to rise

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
Bell Financial Group (BFG) has said it expects to report an increase in full-year revenue and profit, ahead of its results announcement in February. The broker forecast that full-year revenues will rise 12% to $276 million (FY23: $247 million). It also ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... incentivise the government has the power to boost business productivity and confidence to help make up the decline in revenue from companies. "This means cutting existing red tape, improving the design of new regulation, encouraging business growth with ...

Growth performance of Australia's top investment managers

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... however, were the greatest contributor to funds growth in percentage terms. For many managers, the data shows, change to revenue is the most important metric for growth - ranging from VanEck's 37% to State Street's -33%. State Street's revenue decline ...

Treasury flags $23bn in CGT benefits

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... tax breaks. The statement flagged those claiming capital gains tax (CGT) breaks in the 2024-25 year will account for a revenue loss of $22.7 billion - up from $9.2 billion in the prior year. Overwhelmingly, the statement pointed to those in the highest ...

Chalmers defends budget deficits in MYEFO

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... Australia's economic challenges," Lee said. "While the government deserves credit for saving most of the 'unexpected' revenue that flowed into federal coffers during the post-pandemic period, the realities of the budget's deep structural deficit have ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... was likely in breach of the law. "... Bit Trade's contraventions were serious and motivated by a desire to maximise revenue," he said. ASIC chair Joe Longo said TMDs are fundamental in ensuring that investors aren't inappropriately marketed products ...

Iress reinstates dividends

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
... the half-year ending 30 June 2024, compared to the same period in 2023. The company said the increase reflected "stable revenue" combined with "substantial cost efficiencies" as it continues to execute its transformation strategy, which was announced ...