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Showing 561 - 570 of 1566 results for "Offset"

Liftoff imminent at Spaceship

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
The countdown is on at fledgling start-up and technology-focused superannuation product-provider Spaceship, as chief executive Paul Bennetts attempts to convert his waitlist of 22,000 into a $1 billion fund. Touring around multiple start-up hubs this ...

What a drag

BENJAMIN ONG  |  FRIDAY, 3 MAR 2017
... While the drop in non-rural goods exports is concerning - because of lower coal and iron ore volume and value and partially offset by an increase in the value of LNG shipments - the bigger 39% plunge in non-monetary gold exports should not. This is because ...

Bad credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
... those for owner-occupation increased by 0.5%. Declines in credit to business (-0.3%) and personal credit (-0.2%) provided offset. Year-on-year, total private sector credit growth slowed to 5.4% in January from 5.6% in the previous month. Business credit ...

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. ...

Editor's Choice

Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding

KARREN VERGARA
Assistant treasurer Daniel Mulino will forge ahead with the New Class of Advisers (NCAs) as part of highly anticipated Delivering Better Financial Outcomes (DBFO) reforms and laid out a blueprint of how the Compensation Scheme of Last Resort (CSLR) will be fairer for financial advisers.

Munro Partners to acquire GSFM

VINNY VUCAGO
Munro Partners will acquire GSFM, the Australian investment fund management affiliate of CI Global Asset Management, in a deal designed to strengthen its local distribution capabilities.

Treasury consults on foreign investment framework reforms

RIDDHIMA TALWANI
Treasury has opened a consultation to review existing conditions required for foreign investment approvals in Australia.

Australians struggle to navigate super and age pension divide

VINNY VUCAGO
Australians are approaching retirement with growing uncertainty about how superannuation and the Age Pension will work together, with new research pointing to gaps in both preparedness and confidence.

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