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Showing 21 - 30 of 1040 results for %22Gross%22

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... expected in December, WTL anticipates the acquisition will add over $50 million in revenue, approximately $4.5 million in gross profit, and more than $500,000 in net profit before tax to the group on an annualised basis. Further, WTL said the M3 network ...

Large Australian corporations pay record tax: ATO

ANDREW MCKEAN  |  THURSDAY, 9 NOV 2023
... payments from an entity does not inherently indicate a failure to fulfill tax obligations. Taxes are levied on profits, not gross income, allowing for instances where entities with substantial revenues may not realise profits due to a multitude of legitimate ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... to which the financial service relates equals or exceeds $500,000; have net assets worth $2.5 million and over; or earn gross income $250,000 per annum or more over the last two financial years. Wholesale advisers enjoy less scrutiny from the corporate ...

Stockspot launches two options

KARREN VERGARA  |  FRIDAY, 27 OCT 2023
Robo-adviser Stockspot has launched two investment options that aim to protect investors from soaring inflation and generate higher levels of income respectively. The Topaz Inflation portfolio invests exchange-traded funds cover a range of countries ...

High-performing firms reveal strategies behind success

KARREN VERGARA  |  FRIDAY, 27 OCT 2023
... as one that generates a profit margin of 56% (before owner salaries) compared to 44% in other firms, while an owner earns gross profit of $809,163. Top firms also boast clients achieving $2675 in profit on average while it costs them $1940 in expenditure ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... as most recently seen in the strong retail sales data released earlier this week," he said. "Forecasters generally expect gross domestic product to come in very strong for the third quarter before cooling off in the fourth quarter and next year." Nevertheless ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... that differentiate it from an A-grade system." With superannuation balances forecast to increase from 116% of Australia's gross domestic product (GDP) in 2022-23 to about 218% by 2062-63, becoming the primary source of retirement income for many future ...

PGIM Real Estate launches research lab

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... enhance investment decision-making on behalf of our clients." PGIM Real Estate reported it currently has US$210 billion in gross assets under management and administration.

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... instance, with Australian shares, the option will not invest in companies that produce tobacco, derive 10% or more of their gross revenues from the distribution of tobacco, or derive 10% or more of their gross revenues from the supply of goods or services ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... next year. In halting a run of consecutive rate hikes, the Monetary Policy Committee (MPC) noted a 0.5% decline in the UK's gross domestic product (GDP) in July. The Bank's internal forecasts now anticipate only a marginal uptick in GDP for Q3 2023. ...