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Showing 861 - 870 of 2129 results for "Financial Year"

Macquarie Capital appoints group co-heads

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
... previous corresponding period. Full year dividends jumped 50 cents to $5.75, higher than $5.25 for the previous financial year. However, Macquarie's income from wealth management fees fell 6% in the year to $315 million. This includes fees earned on ...

Challenging conditions sting IOOF

HARRISON WORLEY  |  FRIDAY, 3 MAY 2019
... advice through our products and services," Mota said. The firm expects revenue impacts of around $8 million in financial year 2020, after the Protecting Your Super Package banned exit fees and made changes to inactive low balance accounts.

ATO demands crypto data

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... businesses which have or may be engaged in buying, selling or transferring cryptocurrency during the 2014-2015 financial year and the 2019-2020 financial year. The data that will be collected will contain the personal details, contact details and social ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... current rules taxpayers can make extra super contributions up to the concessional contributions cap of $25 000 each financial year - and claim the amount as a personal tax deduction on their tax return. Prior to 1 July 2017 this rule only applied to ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... misleading." "We remain committed to our decision to limit our review of branches in regional and rural towns during this financial year, given the conditions currently experienced by rural NSW and Queensland." Financial Standard understands the banking ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... revealed that Commonwealth receipts in 2018-19 are on track to reach a record $485.2 billion, up 8.6% since last financial year. This near record increase follows the 9.0% increase on the previous financial year. In the previous financial years, receipts ...

AustralianSuper hikes insurance fees

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... not received contributions for this period, and has balance less than $6000, will be transferred to the ATO. Last financial year, AustralianSuper paid 8565 of claims worth $460 million. As of 30 March 2019, AustralianSuper members paid 50% more in administration ...

Women lead superannuation fund engagement

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... which analysed data on more than 2.3 million First State Super, Sunsuper and VicSuper members in the June 2018 financial year, found lifecycle members are the least likely to contact their fund. Among the one-in-three (32%) members who made contact with ...

Angel investor makes first Australian bet

KANIKA SOOD  |  FRIDAY, 1 MAR 2019
... its household penetration increased 202% in the past year. It is expecting gross sales of $12.5 million in this financial year from local operations. "I'm honoured that Nexba is Gaingels' first Aussie investment. As an openly-gay founder in a family-first ...

ASIC releases AFSL approval data

JAMIE WILLIAMSON  |  FRIDAY, 1 MAR 2019
Of the 1728 new Australian Financial Services Licence applications ASIC considered last financial year, 758 were approved. Close to 200 AFSLs were cancelled in the same period. Latest statistics from ASIC show that of the 758 approvals, 303 comprised ...