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Showing 1111 - 1120 of 3209 results for "Scheme"

ERS payments approach $30bn mark

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
Applications for the Early Release of Super (ERS) scheme have hit $28 billion, with funds having so far paid out $25.3 billion since the start of the scheme. APRA's data shows that since the launch of the ERS scheme is April this year, over 2.8 million ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... much-improved labour market stats would have lessened concerns over the "cliff fall" when the government's JobKeeper scheme is taken away at the end of September this year. The economy is fighting back, supported by the easing of restrictions and ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
... they see fit. "We need a 'cheap-and-cheerful' government fund option, Australians are so heavily invested in this scheme, we need to ensure they are getting the best deal possible," he said. "Future Fund has investment management capabilities ...

Morrison's legacy will be retirement poverty: ACTU

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... policy will decimate Australia's super system. "No one should have to access their superannuation to pay bills or rent. This scheme shows that the Morrison Government has not done enough to support working people and has instead decided to force people ...

ERS sees 300,000 repeat applications

ELIZA BAVIN  |  WEDNESDAY, 15 JUL 2020
... volume of applications as the second tranche opened. In total, over $19 billion has been removed from super since the ERS scheme opened with over 2.7 million applications received. The total value of applications has topped $23 billion, however at the ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... taskforce in bringing the most serious offenders of financial crime to account. "This was part of an elaborate and complicated scheme, but our sophisticated approach, combining intelligence and specialist powers of taskforce agencies, means tax criminals ...

Private equity weathers COVID-19 crisis: Research

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... factor impacting private equity allocation among super funds is liquidity, she said, with the government's early release scheme forcing many to adjust portfolio weightings to more liquid assets, like equities and cash. "APRA data for the March quarter ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... infrastructure, decarbonisation and maintenance projects." Protecting jobs. "...the Government's new Eat Out to Help Out discount scheme will provide a 50% reduction for sit-down meals in cafes, restaurants and pubs across the UK from Monday to Wednesday ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... FUM for the offering has lifted as global markets rebounded - despite drawdowns from the government's early release scheme. Raiz Super has seen its FUM lift 2.2% in the past month, and 5.3% over a three-month period. "The June numbers are very encouraging ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
... and away from trade negotiations with that spoiled, little rich kid currently sitting at the Oval Office. In the bigger scheme of things, Australia's coronavirus second wave is miniscule relative to other nations. One way or another, we'll get ...