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Showing 351 - 360 of 1565 results for "Offset"

COVID-19 to remain dominant in 2021

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... may need to be pulled back in 2021. T.Rowe Price said it will then be on business and consumer spending to accelerate and offset the change. "Within asset allocation, we are closely monitoring the potential for a great rotation from growth to value. ...

Insto demand sees digital asset manager launch

JAMIE WILLIAMSON  |  FRIDAY, 13 NOV 2020
... spurred in part by cryptocurrencies' low correlation to other asset classes, making it an attractive option with which to offset losses from other allocations. Cryptocurrencies currently sit among some of the best performing assets of 2020 and Bitcoin ...

AustralianSuper backs net-zero emissions

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
... produced and taken out of the atmosphere. Net zero means being able to still produce some emissions, as long as this is offset by processes that reduce greenhouse gases already in the atmosphere, like planting new forests. To get to net zero, companies ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
... year results due to reduced earnings on deposits, unfavourable lending margins and higher liquid assets which were partly offset by an improvement in lower wholesale funding costs. Despite this, the bank experienced $5.6 billion growth in its home lending ...

Macquarie profits slide 32%

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... 47% of the net profit, was impacted by lower Macquarie AirFinance income and lower performance fees. This was partially offset by sale of Macquarie Rail in the period. The banking and financial services business, which includes platform and wealth and ...

BAS agents to expand service offering

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
The Tax Practitioners Board has registered a new legislative instrument to allow BAS agents to expand their services in relation to the superannuation guarantee charge (SGC). The instrument, Tax Agent Services (Specified BAS Services No. 2) Instrument ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... private inventory investment, exports, nonresidential fixed investment, and residential fixed investment that were partly offset by decreases in federal government spending (reflecting fewer fees paid to administer the Paycheck Protection Program loans) ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... $267 million came from revaluing life insurance liabilities and the agreed sale of its vendor finance business. This was offset by a positive revaluation of the group's holding in Zip Co. of $212 million. In May, Westpac announced it will review its ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... Net cash outflows stood at $13 million. AMP Bank recorded a $52 million inflow, bringing deposits to $17 billion, which offset lower retail deposits. Wealth management platform North was a source of growth. Some $818 million of funds came in; $196 million ...

LaSalle joins 2050 club

ELIZA BAVIN  |  TUESDAY, 20 OCT 2020
LaSalle Investment Management is the most recent company to pledge to go carbon neutral by 2050, following in the footsteps of many super funds and investment firms. LaSalle said it has been working across its managed portfolio to improve the sustainability ...