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Showing 471 - 480 of 1566 results for "Offset"

Spousal top ups to beat super balance inequity

JAMIE WILLIAMSON  |  THURSDAY, 14 FEB 2019
An industry association has used its pre-Budget submission to call for the introduction of a spousal rollover measure to help bridge the gender gap in superannuation balances. The SMSF Association said allowing individuals to rollover a portion of their ...

Mainstream board loses former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... $8.3 billion in net inflows contributed in the six months to 31 December 2018. The group said broad market headwinds were offset by 106 net additional funds and growth in its global hedge and private equity businesses. In the six months, Mainstream grew ...

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... operating income fell almost 2% to $12.4 million as lower net interest margins, lower markets and fee income and weather events offset the growth in volume. Operating expenses were down 3% to $5.3 billion as one-off items from the prior period offset ...

Chief economist update: La vita is no longer e bella

BENJAMIN ONG  |  FRIDAY, 1 FEB 2019
... di Statistica (Istat) explains: "The quarterly contraction was mainly due to a fall in domestic demand, which more than offset a positive contribution from net trade." On the production side, both agriculture, forestry and fishing sectors and industrial ...

Poor equities performance sees MySuper suffer

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... in equity markets; Australian and international equities lost 2.3% and 0.7% in November respectively. However, this was offset by the positive performance of property, fixed interest and cash, the net effect of which was an average monthly return of ...

CBA stashes cash for compliance

DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
... (CFSGAM) to Mitsubishi UFJ Trust and Banking Corporation, expected to complete in mid-2019. However, this will be mostly offset by $135 million received by CBA as a result of professional indemnity insurance recoveries related to civil penalty and legal ...

Chief economist update: The angel in the capex details

BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
... numbers were the result of a 2.8% drop in capital spending in building and structures over the quarter that was partly offset by a 2.2% increase in equipment, plant and machinery. Year-on-year, actual total capex declined by 0.6% in the September quarter ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... budget balances by about $2 billion a year. Second, Grattan wants the government to wind back the Seniors and Pensioners Tax Offset (SAPTO) so that it is available only to pensioners, and people whose income doesn't qualify them to receive full Age ...

Royal Commission hits Westpac cash earnings

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... in funds; solid growth in corporate super for life insurance and fewer general insurance claims. The result was partly offset by margin compression from price reductions and lower revenue from its financial advice business, BTFG said. Meanwhile, BT Panorama ...

Chief economist update: Still the lucky country?

BENJAMIN ONG  |  FRIDAY, 19 OCT 2018
... of 5.3% and the lowest rate since April 2012. In addition, the 14,700 loss in part-time jobs in September was more than offset by the 20,300 addition to full-time positions over the same month. As the 'permanent income hypothesis" dictates, full-timers ...