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Showing 1131 - 1140 of 1757 results for "Covid"

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... temporarily doubled JobSeeker payment. Advocacy groups have been calling for unemployment payments not to return to pre-COVID-19 levels. As part of the COVID-19 support measures for the unemployed, JobSeeker payments were raised from $550 a fortnight ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... State Street found Australian savers have been more likely to check their super and change investment strategies during the COVID-19 crisis. Around 42% of Australian savers have been negatively impacted financially by COVID-19, according to the research. ...

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

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... timing of its return to expansion. Victoria's still "The Garden State" - easier to cultivate the coronavirus; where COVID-19 is "On the Move"; it's "The Place to Be"... infected; and, "The Education State" - to learn how and how not to contain ...

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... now $266 billion. And it's not just mortgages. It's also SME loans, or business loans." Given the second wave of COVID-19 cases in Victoria, as well as a renewed threat in NSW, Jenneke believes these numbers are only going to worsen. "Clearly ...

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... subsidiary of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged ...

Top equities managers revealed

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... markets and this continues to be the case." Managers with exposures to healthcare and IT also outperformed, McCabe said. "The COVID-19 pandemic and market reaction has been unprecedented," he said. "While many stocks in some sectors have been adversely ...

Optimism, resilience high on the recruitment checklist

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... industries need to display qualities of optimism, self-motivation, resilience and mental agility to nab a role during the COVID-19 crisis. That's according to specialist recruiter Super Recruiters, who argue a second wave of COVID-19 will bring with ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
... AGMs," he said. "We should be able to do away with those things, especially given the changes we have had to make due to the COVID-19 pandemic." Bragg said allowing for more tech-neutrality in the advice space will help lower the cost of advice and said ...

Morrison's legacy will be retirement poverty: ACTU

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... Australians have accessed their super to pay bills was because government had not done enough to support workers through the COVID-19 crisis. "A 25-30 year old who withdraws $20,000 over these two years will be $79,000- $95,000 worse off by retirement," ...

Growth outplays value: Frontier

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
... markets. "Those results typically came from managers holding technology-related stocks which have fared relatively well through COVID-19," Frontier said. It reported the ASX 300 up 16.8% for the quarter and individual stock selection had a marked impact ...