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Showing 361 - 370 of 1552 results for "Offset"

Vision Super revises investment strategy

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
... been for diversified bonds," Vision said. "The current low interest rate environment means there's very little cushion to offset any declines in value, and as a result we are now much more likely to see a negative annual return in this option."

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... of the period," Suncorp said. "Outflows were driven in part by the early release of superannuation payments, partially offset by growth in inflows over the year from an increase in newly acquired digital members. Suncorp chief executive Steve Johnston ...

Dealer group eyes aggressive expansion

ELIZABETH MCARTHUR  |  THURSDAY, 20 AUG 2020
Centrepoint Alliance has reported its annual revenue grew 11% as it plots an aggressive growth plan. Centrepoint said its plans for growth are to "aggressively pursue inorganic opportunities". The dealer group said 79 new financial advisers had joined ...

Impact investors team up for $48m investment

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
... schools, where the boutique built rooftop solar panels and effectively sells the electricity generated to it for a roughly 40% offset to their total energy cost. It follows an "impact partner model", partnering with charities and similarly-minded enterprises ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... increased for the quarter, with ANZ saying it benefitted from a stronger markets performance (around 60% higher), partly offset by lower margins and transaction volumes. The board announced the 25 cents per share dividend, which will be paid to shareholders ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... impacts of that. Speaking at the House of Representatives Standing Committee on Economics Lowe said the SG increase will be offset by lower wage growth. "It will certainly have a negative effect on wages growth. If this increase goes ahead, I would expect ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... fell 2% to $570 million," NAB said. "This reflects non-repeat of the COVID-19 Economic Adjustment top-up at March, partly offset by higher collective charges given deteriorating retail asset quality and re-ratings across non-retail exposures, combined ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... to $246 million in the first half, reflecting additional COVID-related and regulatory costs. AMP said this was partially offset by cost savings in the business. It added that it's aiming to build a "best-in-class" retail super business, saying it ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... and shareholders. Comyn said the bank was able to make some gains due to the divestment of its wealth businesses which offset some losses due to lower interest rates and COVID-19. "We have now substantially divested our wealth management businesses in ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... recommended the government increase the cost of the visa class for the Significant Investor Visa (currently at $7880) to fully offset the cost of a service level agreement allowing applications to be finalised within three months. Applications can typically ...