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Showing 671 - 680 of 1567 results for "Offset"

ANZ cash profit up, net down

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
... 2014 quarter. ANZ said income was growing at a faster rate than expenses, with technology investment and wage inflation offset by a 2.5% reduction in staff numbers." ANZ's retail businesses in Australia and New Zealand reported steady performance; corporate ...

CBA result boosted by wealth division

MARK SMITH  |  THURSDAY, 11 FEB 2016
... prior half. Total operating income within the wealth management division rose 9% year-on-year to $1.24 billion, partially offset by a 6% increase in operating expenses over the period to $832 million. Expenses were impacted by a falling Australian dollar ...

Yellen fedspeaks her mind

BENJAMIN ONG  |  THURSDAY, 11 FEB 2016
... for economic activity and the labor market, although declines in longer-term interest rates and oil prices provide some offset." Same old, same old assessment naturally gets the same old, same old hand over heart promise. Slow and low. "The FOMC anticipates ...

Active managers need new measurement

DARREN SNYDER  |  TUESDAY, 9 FEB 2016
The way active fund managers' returns are measured may not accurately reflect their value, negating up to 85 basis points in overall performance. New research from the Centre for International Finance and Regulation (CIFR) finds the way performance ...

Risk sales plunge in 2015

ALEX BURKE  |  WEDNESDAY, 13 JAN 2016
... lump sum and income insurance inflows revealed that while some insurers (OnePath and MLC) reported sales growth, this was offset by MetLife, TAl, AIA and AMP, which reported sales drops between 22.7% and 71%. The report noted that the majority of the ...

Modest rise in retirement living costs: ASFA

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... to changes introduced under the Pharmaceutical Benefits Scheme Access and Sustainability Package. The rise was partially offset by a fall in therapeutic appliances and equipment (-1.7%).

First State Super hitches cart to Turnbull innovation

DARREN SNYDER  |  TUESDAY, 8 DEC 2015
... yesterday included measures that will see early stage venture capital limited partnerships boosted by a 10% non-refundable tax offset on capital invested, as well as doubling the fund size cap to $200 million. The federal government is also offering ...

SMSFs hurt more than APRA funds in downturn

MARK SMITH  |  MONDAY, 30 NOV 2015
... trillion. For APRA regulated funds, net assets decreased by 1.2% driven by a 1.6% negative impact from investments, partially offset by positive net contributions. The slide was driven by poor investment returns across the industry, but also supported ...

Tax reform must not betray women

DARREN SNYDER  |  THURSDAY, 12 NOV 2015
... parental leave. The cover would be provided for a maximum of 12 months from commencement of parental leave and would be offset against cover under other insurance the individual would have." The Commonwealth Bank's submission cites many of these recommendations ...

Banks face wealth management challenges

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
... banks was KPMG, who said favourable equity markets and investment performance coupled with a lower Australian dollar were offset marginally by lower advice revenue. KPMG said wealth management and insurance income was relatively flat, increasing 2% to ...