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Showing 381 - 390 of 6824 results for "Tax"

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... instead. For its Platinum Capital proposal, shareholders can swap their shares for PGF shares at a rate based on PGF's pre-tax NTA, plus a 1.5% premium to PMC's pre-tax NTA. Alternatively, PMC shareholders can opt for a cash payout based on PMC's ...

GDG sees profits soar $74m

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
Generation Development Group (GDG) saw net profit after tax jump to $78.9 million in the half year to December 31, up from $4.4 million in the prior corresponding period. The massive jump in profit comes after GDG completed its acquisition of Lonsec ...

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
Perpetual's net profit after tax (NPAT) crumbled because of its simplification program, strategic review, and the fallout from its dead KKR deal. Notably, Perpetual's board scrapped the KKR deal earlier this week. However, KKR insists that a ...

Australian Ethical delivers strong half-year results

MATTHEW WAI  |  THURSDAY, 27 FEB 2025
For the half-year ending 31 December 2024, Australian Ethical reported its net profit after tax (NPAT) increased by 50% to $9.3 million. The underlying profit after tax (UPAT) was up 35% to $11.5 million, and as previously mentioned, the ethical manager ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
... in a statement. "Your share of any net taxable income in the fund will be attributed to you and shown on the final annual tax statement issued following the end of the financial year in 2025."

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... what Trump is actually going to do. We know the four things he's talking about - tariffs, deregulation, immigration, and tax cuts - but we don't know when he'll do them, in what sequence, or if he'll do them at all. That creates a lot of uncertainty," ...

Praemium hunts for new chief financial officer

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... transition." The announcement comes as Praemium also reported its half year earnings. The group saw a statutory net profit after tax of $5.8 million, up 45% to the prior corresponding period. Funds under administration rose 29% to $62.1 billion. Platform ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
Perpetual has ended KKR's courtship of its wealth management and corporate trust operations, blaming the massive tax bill the transaction would incur, saying there was no way of getting around it. Since tabulating the tax implications last December ...

Iress posts strong profit rebound, completes transformation program

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
Iress has reported a statutory net profit after tax (NPAT) of $88.7 million for the 2024 financial year, a $226.2 million turnaround from the previous year's loss, while also announcing the completion of its transformation program. The financial software ...

SMSF sector continues to grow

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
... direct equities. "Despite concerns about the future of the wholesale investor test, the potential Division 296 superannuation tax, compliance requirements and cost of advice concerns, SMSFs remain in favour with distinct groups of investors and advisers ...