Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 451 - 460 of 6881 results for "Tax"

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 ...

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 ...