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Showing 781 - 790 of 6744 results for "Profit"

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... Organisation for Economic Cooperation and Development (OECD)'s recommended approach under Action 4 of the Base Erosion and Profit Shifting (BEPS) program. It also looks to introduce a new rule limiting MNEs' ability to claim tax deductions for payments ...

Philanthropist fund unveils new NFP partners

CHLOE WALKER  |  MONDAY, 8 AUG 2022
... health issues, warning that Australia's current funding of mental healthcare is "not working". Comprising of 14 non-for-profit partners, the social investment strategy aims to counter the alarming rise in the rates of ill mental health, self-harm and ...

BetaShares launches Metaverse ETF

CASSANDRA BALDINI  |  THURSDAY, 4 AUG 2022
BetaShares has today launched a Metaverse ETF on the ASX, adding to its thematic fund offering. A company issued statement called the BetaShares Metaverse ETF (MTAV) an Australian first. It aims to track the Bloomberg Metaverse Select Index and currently ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
... pleasing organic growth were major factors in the firm's positive full-year results. Diverger reported a 26% increase in net profit after tax and a 9% jump in net revenues to over $30 million. Jacobsen said the reasons behind positive returns were simple. ...

Super fund for women closes

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
... increased its fees and its most recent PDS, released March 2021, showed it was more expensive than the typical not-for-profit fund, reporting a fee ratio of 1.13% on a $50,000 balance versus 1.02%. The fund offered just two investment options, Balanced ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
Insignia Financial has reported a reduction of 82 financial advisers in its network for the June quarter. Since the last quarter, Insignia reported 34 employed and 45 self-employed advisers had left bringing its current total to 1,600. It explained ...

Darren Black appointed SuperFriend chief executive

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... Prevention Australia and the Australian Men's Health Forum. SuperFriend said Black is a respected leader in the not-for-profit and mental health space and is a pioneer in the transformations of organisations like Outward Bound Australia and NSW Police ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
ANZ's proposed takeover of Suncorp's banking division has generated varying industry speculation. The Australian Competition and Consumer Commission (ACCC) has raised concerns around the deal and announced plans to commence a review of the acquisition ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... choose to absorb all of an increase in cost rather than increase prices then cost increases will lead to a reduction in profit not an increase in prices." "Similarly, if firms pass on price increases that are more than enough to cover an increase in ...

Netwealth reports record inflows

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
Netwealth's annual net inflows increased 32% from the prior year to $13 billion, according to its June 2022 quarterly business update to the ASX. The platform and investments business realised funds under administration (FUA) net inflows of $2.7 billion ...