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Showing 391 - 400 of 6824 results for "Tax"

Super moves: Aware Super, CareSuper

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... Super. Bennet joined from Cbus where he spent four years in a similar role previous roles include investment analyst at WTW and tax accountant at PKF. The appointment follows that of Max Hamra who last month joined CareSuper as a responsible investment ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... under management and administration rose 8.6% to $320 billion. Its Advice business recorded an underlying net profit after tax (UNPAT) of $11.8 million, while revenues grew more than 4.4% because of new client growth and higher asset-based fee income. ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
AustralianSuper has called for a modernised tax system, warning that without reform super funds will at the very least be bogged down by complexity and compliance costs - and likely left at a competitive disadvantage that could drag on returns. In its ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
Dexus delivered a statutory net profit after tax of $10.3 million in the six months to 31 December 2024 - a major change compared to the $597.2 million net loss after tax in HY24. Dexus chief executive Ross Du Vernet said the group had progressed its ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
Challenger has reported a normalised net profit after tax (NPAT) of $225 million, up 12%, driven by higher earnings across its retirement income brand, Life, and its funds management division, according to its first-half 2025 results announcement. The ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... which was more than threefold the amount earned in the prior corresponding period of $46.5 million. Statutory profit after tax of $274.5 million grew 680% from $35.2 million year on year.

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... the long list of demands, the proposal is not conditional on Star raising subordinated capital, or any waiver or deferral of tax payable to state governments. "The board of The Star will consider the proposal. There is no certainty that the proposal ...

Our results were strong: Alexis George

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
... getting out there and selling it," George said. George said the company's results were strong, underlying net profit after tax was up 15% on the previous year. She acknowledged that statutory net profit was lower, explaining that last year included ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... continued inflows and was created to pre-empt the government's proposed $3 million cap to superannuation balances for tax concessions. "Although a global recession is not forecast, we continue to take a balanced approach for our diversified funds ...

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... shareholders in December 2024. An independent expert informed the wealth manager that the risk and magnitude of increased potential tax liabilities, if the transaction were to be implemented, meant that it wouldn't be able to form an opinion that ...