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Showing 111 - 120 of 482 results for "tax"

Parental leave super narrows gender savings gap

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024  |  NEWS
... them and will then be paid to their nominated superannuation fund the following year and taxed at the current superannuation tax rate of 15%. From next year, the payment is estimated to be $2900 for 24 weeks of paid leave, jumping to $3140 in 2026 as ...

Australian Ethical profit up 57% to $18.5m

ROSE MARY PETRASS  |  THURSDAY, 29 AUG 2024  |  NEWS
... its funds under management by 13% to $10.4 billion, revenues by 24% to $100.5 million, and record underlying profit after tax by 57% to $18.5m in FY24. In its FY24 results reported to the ASX, the ethical fund posted 80% growth in its statutory net profit ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024  |  NEWS
... them and will then be paid to their nominated superannuation fund the following year and taxed at the current superannuation tax rate of 15%. Some 180,000 families access the scheme each year; the vast majority of individuals who receive Paid Parental ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... credible transition plans that align with the bank's ESG criteria. Last week, the bank posted a $9.48 billion net profit after tax for 2023-24. "CommBank has shown what's possible," Market Forces senior banks analyst Kyle Robertson said. "Australia's ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

Northern Trust firms up stewardship, proxy voting offering

ROSE MARY PETRASS  |  FRIDAY, 9 AUG 2024  |  NEWS
... management expert with over 35 years of industry experience, 30 of which were spent at UBS where he held roles in stewardship, tax and dividends. It is a full circle for Clark, who worked for Northern Trust early in his career. He is now back again to ...

Super fund moves: Aware Super, AustralianSuper, Mine Super and Cbus

ELIZABETH FRY  |  THURSDAY, 8 AUG 2024  |  NEWS
... Contango Asset Management as an associate analyst covering Australian equities, at NAB as a performance analyst, at KMPG as a tax consultant, and at China Citic Bank in Beijing as an international trade analyst. In other moves, Anthony Fedele has joined ...

Podcast: Can the market solve climate change? Climate finance with Blair Palese

THE GREENER WAY  |  TUESDAY, 6 AUG 2024  |  NEWS
The US Inflation Reduction Act will crowd in more than $3 trillion US dollars of investment over the next decade. The Future Made in Australia Act has been billed as Australia's response to the US IRA - but are taxpayer dollars better spent elsewhere? ...

Aus funds hit by outflows, global gains for passive ESG

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
Latest fund data show ESG funds were hit hard by outflows in the June quarter, but some strategies and fund managers are thriving. Australia and New Zealand sustainable funds suffered $1.2 billion in outflows (US$800 million) in the three months to ...

Prime role for AI in impact decisions

ROSE MARY PETRASS  |  TUESDAY, 16 JUL 2024  |  NEWS
Impact Alpha Partners will leverage AI in its recently launched advisory service for institutional investors, focused on environmental impact investing research. The offering will help investors identify companies in the climate solutions space that ...