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Showing 1041 - 1050 of 3400 results for "Response"

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... on Australia's economy and public finances," Fitch said. "The economy will contract in 2020 and government spending in response to the health and economic crisis will cause large fiscal deficits and a sharp increase in government debt/GDP." Despite the ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
... be rolled out this month, replacing the Probability and Impact Rating System (PAIRS) and the Supervisory Oversight and Response System (SOARS) systems. The SRI comprises of three elements - tiering, risk assessment and staging. The regulated entities ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
"Money, money, money Always sunny..." -ABBA Money, in Aussie dollar terms, amounts to "$98 billion in response and recovery support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan" the Federal Treasury ...

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... oversight and the investigation into serious incidents of misconduct in the aged care sector through a serious incident response scheme, with additional funding of $29.8 million. It also announced it would provide $10.6 million to connect younger people ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... responded in a generally positive manner to the government's 2020-2021 budget, but the super sector is so far cautious in its response. Australian Institute of Superannuation Trustees (AIST) chief executive Eva Scheerlinck was a little more cautious ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... and welfare - up 15.4% in real terms from the $196 billion spend last year. The social security spending is largely in response to the COVID-19 crisis, with the government predicting that spending will decrease to the $200 billion level in 2021-2022. ...

FASEA releases more Code of Ethics guidance

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
FASEA has released a draft Financial Planners & Advisers Code of Ethics 2019 Guide for consultation. The draft is intended to provide an explanation of the application of the code. "The Code of Ethics provides an ethical framework of values and standards ...

Less might be more in ESG

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
A new study from Institutional Shareholder Services (ISS) has revealed companies which received a single ESG-related shareholder proposal had a higher median sustainability improvement compared to those with many proposals. The impact of the first ESG-related ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... the indicative contraction deepening from 49.3 in the previous month as " 'Stage four' activity restrictions in response to COVID-19 in Victoria resulted in slower orders and new inquiries for manufacturers nationwide in September". Due to developments ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A court has blocked an attempt by Sargon's Chinese lender to freeze the assets of Phil Kingston, as the latter heads towards public questioning next month. China Insurance Finance Group Ltd commenced court proceedings on August 24, seeking repayment ...