Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 1551 results for "Offset"

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... than corporate beneficiaries, will receive non-refundable credits for the tax payable by the trustee, which can be used to offset current year income tax liabilities. "The minimum tax will mean a fairer rate of tax is paid on income from discretionary ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... than corporate beneficiaries, will receive non-refundable credits for the tax payable by the trustee, which can be used to offset current year income tax liabilities. "The minimum tax will mean a fairer rate of tax is paid on income from discretionary ...

GQG reports nearly US$10 outflows, keeps FUM stable

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
GQG Partners has stemmed a substantial US$9.9 billion in outflows offset by stellar investment performance to end April with US$166.9 billion in total assets. Year-to-date figures show the fund manager offsetting nearly US$10 billion in client money ...

Perpetual to wind up fixed income fund

KARREN VERGARA  |  MONDAY, 11 MAY 2026
Perpetual's Dynamic Fixed Income Fund will shutter next month as it failed to reach the required scale to operate in a cost-efficient manner. The fund's investment manager Perpetual Investment Management told investors in a note that after careful ...

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... The increase in AUM was the result of increased investments, net asset valuation changes and net flows. It was partially offset by unfavourable foreign exchange movements and divestments. Of the total $416.1 billion in private markets AUM, some $347 ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... to increase the cost of financial advice, as firms move to pass on the impact of a potential $4000 per adviser bill. To offset the cost, 79% said they will be forced to increase client fees. Others are considering scaling back investment in people, with ...

Magellan confirms job losses

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
... don't expect earnings improvement. The fee reduction compresses margins directly and cost savings offer only a partial offset. Magellan explicitly flagged continues short- to medium-term outflow risk stemming from the strategy change, which limits the ...

Rest calls on government to fix 'motherhood penalty'

VINNY VUCAGO  |  TUESDAY, 5 MAY 2026
... is urging the federal government to consider introducing superannuation "carer credits", which are payments designed to offset the impact of unpaid care on retirement balances. Rest general manager of public policy and advocacy Enrico Burgio said the ...

Praemium progresses automation, finalises local job cuts

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
... expected to take place in the June quarter. In the quarterly trading update, Praemium said while FY26 savings will be largely offset by one-off redundancy costs, the full cash-flow benefit is expected to be realised from FY27, supporting improved operating ...

HUB24 sees $4bn net inflows, advances HTFS takeover

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... Platform funds under administration (FUA) as at March 31 was $127.8 billion, up 25% on pcp. However, strong net inflows were offset by negative market movements of $4.1 billion. "This record March quarter of net inflows was the result of a strong year-on-year ...
PREVIOUS
NEXT