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Showing 591 - 600 of 1553 results for "Offset"

Government releases draft super reforms

ALEX BURKE | THURSDAY, 8 SEP 2016

... preventing those between 65 and 74 from making voluntary contributions and introduces the Low Income Superannuation Tax Offset (LISTO), which prevents low-income earners from paying more tax on super contributions than their take-home pay. Australian ...

Economic Wrap

BENJAMIN ONG | FRIDAY, 2 SEP 2016

... in "other selected industries" went up by 0.8% in the second quarter as a 2.6% increase in equipment, plant & machinery offset a 1.6% reduction in spending on buildings & structures. In addition capex expectations have improved with estimate 3 of capex ...

Lower pay offset by persistent bonuses

KERRIE SYDEE | WEDNESDAY, 31 AUG 2016

Average fixed pay for chief executives in ASX100 companies has fallen by 3.3% to $1.86 million, its lowest level in almost a decade. The fall was even larger across the entire ASX200, dropping by 4.6%, with CEOs taking home an average $1.51 million ...

Inflows and performance boost Australian Ethical profits

MARK SMITH | WEDNESDAY, 31 AUG 2016

... and a further cut of 0.22% on 30 June 2016. The fund manager saw its revenue climb 8.8% to reach $23 million, partially offset by a modest 4.3% rise in expenses. It also retains a strong balance sheet with cash reserves of $14.1 million and no debt. ...

Economic Wrap

BENJAMIN ONG | WEDNESDAY, 31 AUG 2016

Australia dwelling approvals The Australian Bureau of Statistics' (ABS) latest tally on building approvals show total new dwellings approved jumped by a sharp 11.3% in the month of July, more than offsetting the declines registered in June (-4.7%) and ...

Prime continues to grow

JAMIE WILLIAMSON | TUESDAY, 30 AUG 2016

... attributed to outflows from business divestments totaling $46 million and $33 million worth of other movements; though this was offset by inflows of $5 million. Prime chief executive and managing director Simon Madder said the wealth manager is pleased ...

OneVue boss pleased with market position

MARK SMITH | MONDAY, 29 AUG 2016

... a reported $220,000 loss in 2015. Though services revenue rose to $26.4 million from $22.2 million last year, this was offset by a fall in performance fee revenue from $3.2 million in 2015 to $282,000 this year. The fund services division saw revenue ...

MySuper insurance widely misunderstood

JAMIE WILLIAMSON | MONDAY, 29 AUG 2016

... MySuper, highlighting that a majority of members don't understand that when they get TPD in a group plan it is generally an offset of the life insurance also provided and if they claim on TPD there is no life insurance. Clough addressed the question ...

Economic Wrap

BENJAMIN ONG | FRIDAY, 26 AUG 2016

... buildings and equipment (2%), bonds, etc., $3.8b (3%), short term securities (3%), and derivatives (10%). These were partially offset by decreases in units in trusts (-2%), loans and placements (-2%); and other non-financial assets (-3%). At 30 June ...

Parliament goes to war on super

DARREN SNYDER | THURSDAY, 25 AUG 2016

... estimates and affect about 290,000 Australians. Labor supports measures such as the Low Income Superannuation Taxation Offset, but opposes new spending on allowing catch-up concessional superannuation contributions, the harmonising of contribution rules ...

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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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