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Showing 1061 - 1070 of 1326 results for "Pandemic"

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... ABS said. "Government spending at all levels increased in response to the bushfires and the management of the COVID-19 pandemic." Private demand detracted 0.8 percentage points from GDP, driven primarily by a 1.1% fall in household final consumption ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... the depth of the downturn will be less than earlier expected." Lowe said, the outlook remains highly uncertain and the pandemic is likely to have long-lasting effects on the economy. "In the period immediately ahead, much will depend on the confidence ...

AMP Foundation offers $2m for COVID-19 recovery

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
... response of so many non-profit organisations to the COVID-19 crisis, especially given the challenges that preceded the pandemic," AMP Foundation head Helen Liondos said. "The collaboration and ingenuity that has gone into maintaining existing services ...

Renewed scrutiny for ME Bank

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... notified after their redraw balance, which many viewed as savings, had been slashed. And the timing amid the COVID-19 pandemic left many concerned. ME Bank has since allowed customers to have their redraw balances returned to what they were if they ask. ...

UniSuper stares down job crisis

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... Martin told staff that the university could not sign a job protections framework agreement because the impact of the pandemic may mean some staff have to go. Deakin's operating revenue is estimated to fall by between $250 and $300 million in 2021. ...

Super withdrawals being misused

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... revealed 40% of those who accessed their superannuation early did not see any drop in their income during the COVID-19 pandemic. The data released by Illion and AlphaBeta, part of Accenture, shows that early superannuation withdrawal has not been used ...

Recruitment lifts as economy reopens

ALLY SELBY  |  MONDAY, 1 JUN 2020
... competitors, McGilton said he had seen an increase in optimism and activity - as businesses work towards the new post-pandemic normal. Over the last two to three weeks, there has been genuine and real engagement from clients on recruitment, he said.. ...

Westpac hunts new insto bank chief

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
... meet the needs of the bank's government, corporate and institutional customers, most particularly during the COVID-19 pandemic." Cobley said that after a 20-year career she thought now was the time to retire. "I have thoroughly enjoyed a long and varied ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
... policy, as there should be at times like this," Lowe said. "As part of the RBA's contribution to dealing with the pandemic, we announced a comprehensive package in mid-March." Lowe said the RBA's goal is to support the economy by keeping funding ...

ERS emerges as tax loophole for expats

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... sense for them, particularly for the tax saving in doing that." It was logical for expats impacted by the coronavirus pandemic to withdraw their super now to avoid tax concessions, he said. "If they don't face tax consequences now, when they do leave ...

Editor's Choice

REI Super chief executive steps down

ELIZA BAVIN
REI Super is farewelling its chief executive Jarrod Coysh, after more than seven years in the role.

Former Brighter Super investment lead plots return

MATTHEW WAI
After a six-month hiatus, former Brighter Super chief investment officer Mark Rider is returning to the superannuation industry, set to join another super fund next month.

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law.

BUSSQ beefs up cyber security oversight

MATTHEW WAI
The Queensland industry fund has welcomed a cyber security expert to its board of trustees, bolstering its oversight on heightened cyber security risk.

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