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Showing 1 - 10 of 426 results for "Morrison"

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... by both political parties and jettisoned on the public without much warning, starting when former Prime Minister Scott Morrison reneged a $90 billion contract with France to replace the Collins-class submarines. He then turned to the UK and US and made ...

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... financial advisers that resulted in no additional benefit to members. Slater and Gordon practice group leader Kirsten Morrison said the firm was pleased that thousands of Australians would now be eligible for compensation. "It also demonstrates the importance ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... made $24 million in net profit after tax following a $2.6 million loss from the prior year, thanks to the sale of 80% of Morrison Securities. "The shift from commissions to fee for service has also ensured businesses like ours are far more sustainable ...

NZSF returns 17%, smashes benchmarks

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... operator Galileo. It now has a 20% stake in Galileo, together with Commonwealth Superannuation Corporation, Infratil, and Morrison & Co's Growth Infrastructure Fund. On a 10-year basis, NZSF returned 10.22% p.a. Comparatively, Australia's own ...

Beaconsfield takes control of New Quantum

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... holding company with operating subsidiaries including wealth management software platform New Quantum and options broker Morrison Securities. The appointment of receivers follows the company being placed into voluntary administration last week. Beaconsfield ...

Early release of super scammers cop prison time

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... to three years and six months' imprisonment. The third woman was sentenced in April to five months in prison. The Morrison government at the height of COIVD-19 allowed the withdrawal of $10,000 from super savings over two financial years if members ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... $180,000 will see their tax cut reduced while lower income earners will receive more relief than previously promised by the Morrison government. Treasury will reduce the 19% tax rate to 16% and increase the threshold for the 37% tax rate from $120,000 ...

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... The total impact of these tax cuts is expected to be $107 billion over the forward estimates," the government said. The Morrison government legislated the tax cuts in 2018 when it was in power at the time. It originally proposed tax reductions for those ...

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... future financials. The group's NPAT for 1H24 was more than 4000% higher at $27.8 million, primarily due to offloading Morrison Securities. Despite the sale, revenues also increased, coming in 43.7% - or almost $20 million - higher at $62.8 million. Normalised ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... Source: H&R Block Australia Treasury argued that the changes were necessary as the original tax cuts legislated by the Morrison government in 2018 were no longer fit for purpose following the COVID-19 pandemic and other "unanticipated shocks". "The recommended ...
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