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Showing 91 - 100 of 1758 results for "COVID"

Job mobility falls for first time in three years

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... percentage points from 9.6% in February 2023 and back to around what we typically saw during the five years leading up to the COVID-19 pandemic," Jarvis said. "Job mobility rates have fallen for both men and women, but fell by more for men. As a result ...

Where does the world's largest active manager say to invest?

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... said shifting trade winds are also bringing opportunities to new markets. "Rising geopolitical logistical issues during the COVID pandemic forced many companies to adopt a 'China Plus One' strategy, diversifying their supply chains out of China," the ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... "Despite some signs of a weakening economy, inflation remains above target, making a rate cut unlikely," he said. "Nobody saw COVID-19 or the war in Ukraine coming, and these have been the driving factors behind our current situation. "What the next ...

Older clients boost book values

KARREN VERGARA  |  THURSDAY, 13 JUN 2024
... the previous 12 months. He pointed to the supply and demand curve with fewer practices selling or coming to market. "The COVID pandemic and changes in regulations (2020-22) saw a substantial exodus of financial advisers from the industry. Many advisers ...

Most in-demand skills for financial services workers

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... data from Perceptor. The one exception has been insurance, which has continued to thrive, a trend that has persisted since COVID-19. Recruitment in insurance has mainly focused on mid-to-senior roles in customer experience and personalisation, driven ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... of WAM, which was set to be held in person in March 2022. However, the WAM board changed the meeting to be held online as COVID-19 restrictions were still in place. The WAM board told investors it did not support any of the resolutions proposed by Keybridge ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... Annual GDP growth has fallen to just 1.1%, the slowest rate of annual growth in GDP in more than three decades outside of the COVID-19 pandemic. Commonwealth Bank (CBA) head of Australian economics Gareth Aird said the quarterly changes in real GDP paints ...

Early release of super scammers cop prison time

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting ...

Family offices up active management, eye generative AI: UBS

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... yield-generating assets. "I can well understand the finding as we have a shopping centre in Canada, and in the last five years, with COVID, and recently with the higher interest rates, valuations have taken a beating," a Malaysian family office said. ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
New research from the Productivity Commission has revealed changes to income and wealth levels during COVID-19. "The initial pandemic period saw an unprecedented decline in income inequality. The incomes of lower-income households grew rapidly in relative ...