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Showing 551 - 560 of 1553 results for "Offset"

Praemium board terminates CEO

ALEX BURKE  |  WEDNESDAY, 22 FEB 2017
... 57% decrease in net profit on the prior corresponding period to $575,672. Revenue rose by 16% to $17 million but this was offset by a 13% boost in expenses to $14 million. At the same time Praemium is confident about its global growth prospects, especially ...

Magellan COO departs for family office job

ALEX BURKE  |  FRIDAY, 17 FEB 2017
... Hamish Douglass said revenues were driven down by 15% to $150.2 million as a result of an 11% increase in management fees offset by a $39.2 million decrease in performance fee revenues. Expenses also increased by 7% to $39.7 million over the half-year ...

Boring but the trend is our friend

BENJAMIN ONG  |  FRIDAY, 17 FEB 2017
... growth in total employment in January was all due to the resurgence in part-time jobs - up 58,300 over the month - that was offset by a 44,800 slump in full-time workers. Year-on-year, full-time jobs decreased by 0.7% in January, quickening from the ...

CBA records $4.9bn half-year profit

DARREN SNYDER  |  WEDNESDAY, 15 FEB 2017
... outperforming their three-year benchmark. Net flows in emerging markets were impacted by macroeconomic factors, partly offset by positive flows in the infrastructure business. Demand for cash investments remained strong throughout the year," CBA said. ...

Couples can benefit more than singles in SMSFs

EMMA RAPAPORT  |  TUESDAY, 14 FEB 2017
... less spoken about aspect of the May 2016 budget was the increase in income threshold for the spouse superannuation tax offset," Le Greca explains. "The income threshold will increase from $10,800 to $37,000, meaning that from July 2017, if a spouse is ...

Lifted by external demand

BENJAMIN ONG  |  TUESDAY, 14 FEB 2017
... benefits to the United States and Japan." Non-residential investment contributed another 0.1 percentage point but this was offset by a decline in residential investment for a net zero contribution. Similarly, public expenditure made no contribution to ...

Sunny days not expected to last

BENJAMIN ONG  |  FRIDAY, 10 FEB 2017
The sun in Japan gets to break out every once in a while, and only for a short time. The latest update on private core machinery orders (orders excluding ships and electrical equipment) - a leading indicator of business investment - proves as much. ...

AMP cops short-term pain

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2017
... future earnings. Meller also explained that the AMP Horizons training program has also been revamped, thereby providing an offset to the adviser exodus that is expected to continue. "Many of those who have left did not contribute to cashflows in the ...

Three for three

BENJAMIN ONG  |  FRIDAY, 3 FEB 2017
... three years' time. Inflation is judged likely to return to close to the target over the subsequent year." "Attempting to offset fully the effect of weaker sterling on inflation would be achievable only at the cost of higher unemployment and, in all likelihood ...

Government repeats fintech focus

JAMIE WILLIAMSON  |  FRIDAY, 27 JAN 2017
Addressing the G20 Conference, Federal Treasurer Scott Morrison praised robo-advice and called on other governments to begin considering investing in 'regtech'. Speaking in Wiesbaden, Germany, Morrison told delegates more must be done to evolve and ...

Editor's Choice

Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI
The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA
Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA
ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI
KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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