Latest news with #ScottPhillips
Sky News AU
6 days ago
- Business
- Sky News AU
Plans to expand GST will cause the ‘least economic harm'
The Motley Fool Chief Investment Officer Scott Phillips says GST is 'the best' tax to have in an economy. Mr Phillips told Sky News Australia that GST causes the 'least economic harm'. 'If you do need more revenue … then it makes perfect sense.'
Sky News AU
28-07-2025
- Business
- Sky News AU
Trump ‘emboldened' by trade success, flags potentially increasing global baseline tariff rate
Australian exporters may face tariffs of 15 to 20 per cent at the US border, with the Albanese government yet to strike a better deal. Motley Fool Chief Investment Officer Scott Phillips has suggested that perhaps US President Donald Trump has been 'emboldened' by the success so far with America securing a few trade deals. 'I think that's probably what happened,' he told Sky News Australia.
Yahoo
09-07-2025
- Business
- Yahoo
Hiab's half-year financial report January–June 2025 to be published on Wednesday, 23 July 2025
HIAB CORPORATION, PRESS RELEASE, 9 JULY 2025 AT 15:30 PM (EEST) Hiab's half-year financial report January–June 2025 to be published on Wednesday, 23 July 2025 Hiab Corporation will publish its half-year financial report January–June 2025 on Wednesday, 23 July 2025 at approximately 8:00 a.m. EEST. The report will be available at after publication. A live international telephone conference for analysts, investors and media will be arranged on the publishing day at 10:00 a.m. EEST. The event will be held in English. The report will be presented by President and CEO Scott Phillips and CFO Mikko Puolakka. The presentation material will be available at by the latest 9:30 a.m. EEST. To ask questions during the conference, please register via the following link: After the registration, the conference phone numbers and a conference ID to access the conference will be provided. The event can also be viewed as a live webcast at A recording of the event will be published on Hiab's website later during the day. Please note that by dialling into the conference call, the participant agrees that personal information such as name and company name will be further information, please contact: Oscar Törnwall, IR Manager, Tel. +358 40 7050 894, (Nasdaq Helsinki: HIAB) is a leading provider of smart and sustainable on road loadhandling solutions, committed to delivering the best customer experience every day with the most engaged people and partners. Globally, Hiab is represented on every continent through its extensive network of 3,000 own and partner sales and service locations, enabling delivery to over 100 countries. The company's continuing operations sales in 2024 totalled approximately EUR 1.6 billion and it employs over 4,000 people. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-07-2025
- Business
- Yahoo
Hiab's half-year financial report January–June 2025 to be published on Wednesday, 23 July 2025
HIAB CORPORATION, PRESS RELEASE, 9 JULY 2025 AT 15:30 PM (EEST) Hiab's half-year financial report January–June 2025 to be published on Wednesday, 23 July 2025 Hiab Corporation will publish its half-year financial report January–June 2025 on Wednesday, 23 July 2025 at approximately 8:00 a.m. EEST. The report will be available at after publication. A live international telephone conference for analysts, investors and media will be arranged on the publishing day at 10:00 a.m. EEST. The event will be held in English. The report will be presented by President and CEO Scott Phillips and CFO Mikko Puolakka. The presentation material will be available at by the latest 9:30 a.m. EEST. To ask questions during the conference, please register via the following link: After the registration, the conference phone numbers and a conference ID to access the conference will be provided. The event can also be viewed as a live webcast at A recording of the event will be published on Hiab's website later during the day. Please note that by dialling into the conference call, the participant agrees that personal information such as name and company name will be further information, please contact: Oscar Törnwall, IR Manager, Tel. +358 40 7050 894, (Nasdaq Helsinki: HIAB) is a leading provider of smart and sustainable on road loadhandling solutions, committed to delivering the best customer experience every day with the most engaged people and partners. Globally, Hiab is represented on every continent through its extensive network of 3,000 own and partner sales and service locations, enabling delivery to over 100 countries. The company's continuing operations sales in 2024 totalled approximately EUR 1.6 billion and it employs over 4,000 people. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Facing growing maintenance costs, SC Forestry Commission looks to replace 2 planes
The Table Rock fire in South Carolina's Upstate was one of three major fires the state Forestry Commission faced this spring, leading to increased costs. (Photo provided by S.C. Forestry Commission) COLUMBIA — After fighting three large fires earlier this year, the state's Forestry Commission is in the market to buy two airplanes that could help with future efforts. With final approval Tuesday from the state's fiscal oversight board, the commission can use $1.4 million from its reserves to replace two of its 10 planes with newer, more dependable models, according to documents submitted to the State Fiscal Accountability Authority. Those two planes, which are part of a decades-old fleet, have caused maintenance costs to climb and are more often out of commission, leading to the potential for gaps in firefighting during a year in which the commission has faced massive wildfires, Forester Scott Phillips wrote in a letter to the panel. Altogether, between Jan. 1 and the end of May, more than 31,000 acres burned in the state, commission spokesman Doug Wood told the SC Daily Gazette. For comparison, an average of 8,000 acres burned during the five years prior, he said. None of the fires led to injuries or deaths, and no structures were damaged, Forestry Commission officials have said. The commission's fleet of planes help spot and fight fires, as well as assess damage from storms, insects and diseases that affect trees, Phillips wrote in a letter seeking permission to spend an additional $1 million. That's on top of the $425,000 that legislators provided the agency in the 2022-23 state budget to buy two planes, which has gone unspent. Aircraft prices skyrocketed soon after, leaving the commission unable to find suitable planes for that price tag, he wrote. SC replacing state planes amid growing maintenance costs Typically, the commission leases its planes from the U.S. Department of Agriculture through a program that loans federal hand-me-down planes, often originally used by the Department of Defense, to state foresters. Nearly the entire 10-plane fleet was manufactured in the 1960s, and two have mounting maintenance needs that make them more expensive and less effective, Wood said. Because of the ages of the commission's existing planes, they are 'more costly to maintain and have more downtime, which results in canceled missions due to aircraft availability,' Phillips wrote. The commission plans to buy two used four-seater Cessna 182T planes, produced between 2001 and 2013, which often sell for somewhere between $450,000 and $600,000. If none are available within the price range, the commission will pivot to buy the best plane that comes up on the market that the agency can afford, Phillips wrote. The expense of flying in aircraft from other states to fight three major fires this spring led to another funding request. The commission needed approval to use $1.5 million meant for salaries this fiscal year — but unspent due to vacancies at the agency — to instead cover its 'unprecedented' wildfire fighting costs, according to committee documents. The five-member oversight board approved the request Tuesday without discussion. The Table Rock and Persimmon Ridge fires in the Upstate, coupled with the Covington Drive fire in Horry County's Carolina Forest, burned more than 18,000 acres at the end of March and into early April. Fighting those fires had cost the commission about $11.3 million by mid-April, when the commission made its request, Phillips wrote. That number has likely grown, since the fires continued to burn long after they were contained. The total cost of fighting more than 1,500 fires that have burned across the state since the beginning of the year has not yet been calculated, since most of that comes from the agency's usual $55 million budget, Wood said. Firefighting partners from Florida took over command of the Horry County fire in March to give the South Carolina firefighters time to rest. Outside contractors also helped contain, suppress and monitor all three major fires, Wood said. Because of the large number of acres burned, especially during those three fires, those extra resources 'provided valuable assistance,' according to committee documents.
