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Showing 1131 - 1140 of 4241 results for "Job"

Australia versus the world

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... unprecedented support packages, both monetary and fiscal." In other words, the authorities, by and large, are doing a serviceable job, at least in the short-term, and particularly here in Australia, Miller said. Miller said Australia is well-placed to ...

COVID-19 could end Centrelink stigma

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
Long lines outside Centrelink branches have become defining images of the effect the COVID-19 pandemic has had on the Australian economy. But what impact will it have on the stigma associated with welfare? When Prime Minister Scott Morrison said 2020 ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... with COVID-19, have a spouse or dependent who was diagnosed with it, or are experiencing financial hardship from quarantine, job losses, or childcare are able to take up to US$100,000 from their accounts until December 31 without having to pay the 10% ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... 20,300, to 718,600 persons. The data comes in way below analyst's expectations, who were predicting a 5.4% jump or 30,000 job losses for the month. Amid the current volatile environment, Dawes recommends Australian investors look to China-focused ...

GAM cuts jobs, reviews pay

JAMIE WILLIAMSON  |  WEDNESDAY, 15 APR 2020
GAM Investments has announced it is accelerating its efficiency program, confirming it has completed a round of voluntary redundancies while another is ongoing. It is also reviewing remuneration arrangements across the group. Earlier this year GAM announced ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
... should continue throughout the containment phase to minimise persistent scars that could emerge from subdued investment and job losses in this severe downturn," Gopinath said. "As containment measures come off, policies should shift swiftly to supporting ...

Superannuation fund cuts pay in C-suite

KANIKA SOOD  |  TUESDAY, 14 APR 2020
Executives and directors of a $12 billion Queensland superannuation fund have committed to a 10% decrease in their remuneration until at least June 30 as the COVID-19 pandemic rolls on. LGIAsuper will fund the 10% pay cut through the executives' ...

ISA warns Aussies off locking in losses

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
The peak body for industry superannuation funds has launched an advertising campaign to warn Australians against crystallising their losses amid the market turmoil caused by COVID-19. Re-using a line from the backing track present in its television ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... Dalton Financial Partners director Josh Dalton agrees, and says perhaps some are kicking super funds when they're down. "Mass job losses in certain industries, contribution inflows stopping and then potential $20,000 per member withdrawals; it's ...

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The economic impact of the COVID-19 pandemic is the biggest shock to the Australian economy since World War II, according to Roy Morgan. New analysis from the research house confirms Australia is facing the biggest single hit to its economy and workforce ...