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Showing 81 - 90 of 1575 results for "Offset"

Treasury unveils major super tax changes

JAMIE WILLIAMSON  |  MONDAY, 13 OCT 2025
... the changes to Division 296 will be introduced as soon as possible in 2026. Meantime, the Low Income Superannuation Tax Offset (LISTO) is also being updated from 1 July 2027. It will increase from $37,000 to $45,000. The maximum payment will also increase ...

Age Pension to increase on September 20

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
... and represents the most significant bump for pensioners in two years. However, some will see their increase in payment offset by the change to deeming rates. Last month, National Seniors Australia estimated some 470,000 people who currently qualify as ...

Retirees unfairly targeted by tax: HESTA

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
... while retaining more of their pension. The super fund also called for a review and simplification of the Age Pension Tax Offset rules, which it said are extremely complex and difficult to understand.

FEATURE: Back in action

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
... necessary?" More often, people get more peace of mind from having their house paid off, or having their mortgage completely offset, Saikal-Skea notes. "That is the lens we're looking through," he says. "For a lot of people, if the cost is not being able ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... was due to operating expenses dropping after the Rhombus Advisory separation, though the group said these savings were offset by increases in salaries and adviser incentives over the period. It said a focus on efficiency in the delivery of advice and ...

Perpetual flags $153.7m impairment

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Perpetual has flagged there will be a non-cash impairment charge of around $153.7 million, post-tax, in its FY25 results after completing impairment testing for the financial year. Perpetual said the non-cash charge includes an additional impairment ...

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
... written down to zero after unsuccessful phase three clinical trials. "This was a disappointing outcome for VG1 investors and offset some of the positive contributions from sectors such as financials and communication services," Jones said. In FY24, it ...

Vinva, Barrenjoey buoy Magellan's earnings

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... total AUM, however, grew 8.2% year on year to $39.6 billion, largely driven by investment market performance and partially offset by net outflows. Statutory NPAT of $165 million was down 31% compared to FY24. "The strong growth from our strategic partners ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... Challenger's normalised NPAT grew by 9% to $455.5 million, driven by higher net income and lower interest costs, partially offset by modest increases in operating expenses and tax. Statutory NPAT rose by 48% to $192.3 million thanks to improved underlying ...

Unemployment falls, more women enter the workforce

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
The seasonally adjusted unemployment rate fell to 4.2% in July, according to data from the Australian Bureau of Statistics (ABS). "With employment rising by 25,000 people and the number of unemployed decreasing by 10,000 people, the unemployment rate ...