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Showing 951 - 960 of 5456 results for "Dom"

ASX posts mixed results

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
The ASX recorded a 3.6% decrease in statutory profit to $480.9 million as expenses rose to support operating and growth initiatives. Operating revenue grew 1.4% to $951.5 million which it attributed to growth in listings and issuer services. ASX chief ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
Magellan Financial Group will start paying taxes at the full 30% rate from FY24, as the government abolishes laws that allowed it to pay only 10% tax on offshore earnings. MFG paid tax at 21.4% in the year ending June, lower than the 30% tax rate that ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
The Delta variant and its seeming immunity to lockdowns and extended lockdowns continue to dominate attention in Australia. Last week, the state of New South Wales (NSW) announced stricter and broader (into regions) of restrictions; the Australian Capital ...

New equality push in investments

ELIZABETH MCARTHUR  |  FRIDAY, 13 AUG 2021
The Financial Services Council is leading a new push for gender equality in investment management. The FSC launched the Women in Investment Management Charter, in a bid to improve female representation in the funds management industry. "The FSC surveyed ...

Perpetual acquires advice firm

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
Perpetual Private has acquired a boutique financial advice firm with over 1000 clients and $915 million of assets. Established in 2015, Jacaranda Financial Planning caters to the high-net-worth market with a team of nine advisers based in Sydney and ...

Fortius, PGIM make $214m property acquisition

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
Fortius Funds Management and PGIM Real Estate have partnered to acquire a Brisbane office building from LaSalle Investment Management. The two acquired 307 Queen Street in Brisbane CBD off-market for $214.48 million from LaSalle. The office building ...

La Trobe unveils two income products

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
La Trobe Financial Group has launched two products in a bid to combat the low interest rate environment. The first product, the 6 Month Notice Account, with a variable rate of 2.50% p.a. calculated monthly allows investors to access their funds with ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
Despite being among the prime targets of the government's recently launched inquiry into common ownership, new analysis from Rainmaker Information finds the share of the ASX held by superannuation funds is actually falling. In 2019, Rainmaker predicted ...

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
The managing director and chief executive of Challenger will step down in March 2022, while a deputy chief executive has also been named. Richard Howes has been with the company for 18 years, starting as the chief executive of Challenger's life ...

MSC Group hires exec director, eyes Sydney

KANIKA SOOD  |  MONDAY, 9 AUG 2021
The Melbourne-based trustee firm has hired an executive director as it looks to expand into Sydney. Phil Joseph has 40 years of experience, most recently as an executive director at AMAL Trustees. He spent 15 years at Perpetual and has worked on other ...