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Showing 291 - 300 of 396 results for "tax"

Teachers Mutual Bank, NAB on "most ethical" list

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 MAR 2015  |  NEWS
... reputation, 10%. Recently, Teachers Mutual Bank was recognized by the London Benchmarking Group for investing 4.55% of pre-tax profits in community programs, which is 12.6 times the financial services industry average in Australia and New Zealand. "There ...

Teachers Mutual Bank leads in community investment

RACHEL ALEMBAKIS  |  FRIDAY, 13 FEB 2015  |  NEWS
Teachers Mutual Bank spent 4.55% of pre-tax profits on community investment in the last financial year, making the bank a global leader, according to the 2014 London Benchmarking Group (LBG). The 4.55% figure is AU$1.67 million of pre-tax profits for ...

Canada adopts mining payment regime, Australia next?

RACHEL ALEMBAKIS  |  FRIDAY, 19 DEC 2014  |  NEWS
Canada has passed a payment disclosure standard for its listed mining companies, and Publish What you Pay Australia said this could influence Australia to adopt a similar regime here. Canada's Extractive Sector Transparency Measures Act will require ...

AMP Capital assesses ESG risks in food, beverage sector

RACHEL ALEMBAKIS  |  FRIDAY, 12 DEC 2014  |  NEWS
... Carlsson-Sweeny points to developments overseas as harbingers, such as the Mexican government's decision to introduce an 8% tax on high-calorie food and a peso per litre tax on sugar-sweetened drinks in 2013, and the US city of Berkeley in California ...

Financial System Inquiry recommends on impact investment

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 DEC 2014  |  NEWS
... funds (PAFs) is one issue that the industry has been exploring. However, another issue raised to the FSI by the industry - tax concessions to encourage further impact investing - was pushed off to a taxation white paper process. Last year, the University ...

Investors apply ethical screens to cash management

RACHEL ALEMBAKIS  |  FRIDAY, 7 NOV 2014  |  NEWS
... hit the forecast rate with a high degree of reliability. In the UCA Cash portfolio - which is available for investment by tax-concession charities only - our rate of return is 3.9% p.a., which will be paid after December. In the Development Fund, which ...

CEFC allocates more than AU$930m in first full year

RACHEL ALEMBAKIS  |  FRIDAY, 7 NOV 2014  |  NEWS
The Clean Energy Finance Corporation (CEFC) has allocated investment of more than AU$930 million dollars in projects with total value of over AU$3.2 billion in its first full year of investing. Oliver Yates, Clean Energy Finance Corporation (CEFC) CEO ...

Interest in green, social bonds continuing: JPMorgan Chase

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 OCT 2014  |  NEWS
While both supply and demand for "green", climate themed bonds will continue to grow from Australian institutional investors, there is also increased attention being paid to social benefit bonds as well, according to JPMorgan Chase. Marilyn Ceci, managing ...

Governance Institute of Australia questions shareholder primacy

RACHEL ALEMBAKIS  |  FRIDAY, 24 OCT 2014  |  NEWS
... responsibility. These issues represent multiple areas of interest, with the Governance Institute of Australia citing fracking, corporate tax minimisation, fast food retailing, and poker machine business as issues where profit-maximisation runs into community ...

VicSuper publishes first G4, Integrated Reporting annual review

RACHEL ALEMBAKIS  |  FRIDAY, 10 OCT 2014  |  NEWS
... 2013. Administration expenses increased to AU$45 million for 2014, against AU$42.6 million for 2014 and an increase in income tax to AU$226 million in 2014 versus AU$171 million in 2014. In the report, VicSuper noted that it moved to new premises in ...