Chief economist update: Trump should read FrankBY BENJAMIN ONG | MONDAY, 26 AUG 2019 11:15AM
With Trump's latest tweets the "uncertainty about trade policy" the Fed's Powell spoke of in Jackson Hole has just become certain - certain to escalate further that is. Unless POTUS reverses his "take no prisoners" policy on trade (and even his own central bank), fasten your seatbelts and hang on to your toupees!Read more: China, Trump, Tariffs, Dow, Jackson Hole, POTUS, Great Depression of, Reciprocal Trade Agreements Act, America Great Again, Americans, BILLION DOLLARS of United States, Friday, HOME, Houston, Jay Powell, Nasdaq, NOTHING, Ordering US, Representative Seth Moulton, Russell, S&P, Smoot-Hawley Act of, Theodore Roosevelt, U.S., US Fed Chairman Jerome Powell, Wall Street
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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