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Showing 1061 - 1070 of 3904 results for "Country"

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... most vulnerable may be prey for scammers if they don't have access to financial advice. "I think every scammer in the country is going to be trying to convince someone to use the new early release provisions. There'll be someone who constructs ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
The government's $213 billion stimulus package is set to push up the country's total debt but experts say it is not reason enough to draw down on the sovereign wealth fund. The government has so far announced $213 billion in stimulus spending ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
All good things must come to an end and this 'Lucky Country's' luck appears to have ran out after enjoying 28 years and a bit without an economic recession. Australia has survived economic and financial market upheavals over the past three ...

Extended lockdown could spur worst recession on record: Grattan

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
... director said while a three-month lockdown could reduce annual GDP by 6%, six months of social isolation could see the country take a 12% hit. "It's hard to imagine that there would be no further hit to economic activity, beyond these direct measures," ...

Schroders appoints regional leadership

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
Schroders has promoted from within to appoint leaders for its Asia Pacific operations. Schroders country head for Australia Chris Durack has been appointed co-head of Asia Pacific, in a move designed to support the firm's growth in the region. Durack ...

Market recovery or dead cat bounce?

ALLY SELBY  |  TUESDAY, 31 MAR 2020
... eased, it's unlikely that we will have a quick economic recovery, she said. "If we look to China which was the first country to enforce lockdowns, while the situation has improved from earlier this year, only 80-90% activity is back online and cases ...

COVID-19 shaves $290bn off super

KANIKA SOOD  |  WEDNESDAY, 25 MAR 2020
... the order of magnitude of $290 billion," Rainmaker executive director of research and compliance Alex Dunnin said. The country's largest superannuation fund AustralianSuper, for example, lost about 13.3% in the three-week period. The fund has since revised ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
The industry superannuation funds for those who work in clubs, hospitality and retail are facing a tough year and have moved to reassure impacted members. With close to or more than half of their members sitting in the millennial age range, the likes ...

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... think China, they think growth, consumption and beneficiaries from the rising consumer, but there is a lot going on in the country that the virus has overshadowed," she said. "For example, regulatory changes that have opened up the capital markets, as ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... welcome the moves of major central banks to ease monetary policy. These bold efforts are not only in the interest of each country, but of the global economy as a whole. Even more will be needed, especially on the fiscal front." Georgieva added that advanced ...