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Showing 761 - 770 of 6882 results for "Tax"

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... saying it's the result of a disciplined business plan. In its half-year update, Fiducian said its underlying net profit after tax came in 17% higher at $8.2 million. Its statutory net profit after tax was 23% higher at $6.84 million. Contributing was ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... greater cost. "The cost of making sure that SMFSs got it right will be disproportionate to the mischief that the government or tax office are trying to weed out," she said. Financial Standard is the media partner for the 2024 SMSFA National Conferenc ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Macquarie Group has reported a "substantially lower" net profit after tax in FY24 and announced the departure of its long-serving head of commodities and global markets Nicholas O'Kane. Macquarie's annuity-style divisions, Macquarie Asset Management ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
... half apply immediately upon eligibility, leading to many forfeiting entitlements. Additionally, the fund wants changes to the tax framework, affording individuals access to their income upon preservation age and to continue contributing to their superannuation ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... during childcare is a significant contributing factor to the problem." Secondly, increasing the low-income superannuation tax offset (LISTO) so that workers earning up to $45,000 receive a full tax refund on their super guarantee (SG) contributions can ...

Prime to acquire boutique fund manager

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... wealth segment clients." Prime recorded 28% growth in revenue of $33.7 million in the last financial year. Its net profit after tax was up 16% year on year to $2.2 million. Prime operates wealth management, capital and corporate advisory, accounting ...

Aware Super restructures executive team

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
... data governance, data strategy, investment operations, strategy, planning and delivery, transformation, as well as finance, tax, and procurement teams. An Aware Super statement said this alignment of critical, enterprise-supporting functions will enable ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... expects to see Australian consumer sentiment moderately improve in the coming months, helped by declining inflation and possible tax and rate cuts this year. Investors may face headwinds that will impact global equity earnings and valuations amidst a ...

SMSFA prepares delegates for major super tax reform

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... opportunities at this year's National Conference, particularly as major reforms such as the $3 million superannuation tax changes loom. The SMSFA will host its flagship event at the Brisbane Convention and Exhibition Centre (BCEC) between February ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... quadrupling assets to $700 million. The group's revenue grew 4% year on year to $23.7 million, while net profit after tax was steady at $30.2 million. As flagged in early January, performance fees earned by affiliates contributed $12.3 million to ...