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Showing 401 - 410 of 6825 results for "Tax"

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 ...

Foreign investors banned from buying homes

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
The Albanese government has announced it will ban foreign investors from buying established homes for at least two years and crack down on foreign land banking. Treasurer Jim Chalmers said the move is aimed at easing pressure on the Australian housing ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
AMP's statutory net profit after tax (NPAT) slumped to $150 million in the 2024 financial year, nearly half the previous year's result, which the firm attributed to simplification spend and the sale of its advice business. The prior year's ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ...

ASX reports 'record' revenue for 1H25, lags in listings

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
... markets, technology and data, and securities and payments divisions contributed to the growth. Statutory net profit after tax (NPAT) grew to $243.5 million, up 5.6% from 1H24, while total expenses dipped by 20 basis points, with the reduction driven ...

Australians don't trust politicians with their super: FSC

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... conducted by political strategy and research firm CT Group, also revealed that the government's push to implement it proposed tax on high superannuation balances has left many voters convinced it will introduce further, announced taxes if it's re-elected. ...

Briefcase launches five SMAs on Praemium

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... Sean Doherty, and head of distribution Geoff Kellett. "One of the standout benefits of direct indexing is its potential for tax optimisation. By owning individual securities rather than a fund, advisers can implement tax-loss harvesting strategies more ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... billion a year, with around a quarter of this flowing to retirees. This could be paid for by further tightening superannuation tax breaks, curbing negative gearing and the capital gains tax discount, or counting more of the value of the family home in ...

Independent financial planning boutique opens in Brisbane

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... they would hope is right." Scarrabelotti explained she frequently collaborates with other professionals, bringing in legal, tax, or business succession specialists when required, describing her role as akin to a project manager. Scarrabelotti's advice ...

Pinnacle delivers 'flawless' half-year performance: Analyst

KARREN VERGARA  |  THURSDAY, 6 FEB 2025
... out of 15 affiliates saw FUM grow except for Firetail which was down 9%. Pinnacle's share of affiliates' net profit after tax (NPAT), was $74.3 million, up 99% from $37.3 million year on year. Pinnacle managing director Ian Macoun said markets were broadly ...