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Showing 1141 - 1150 of 1326 results for "Pandemic"

Chief economist update: Will emerging markets be first to emerge?

BENJAMIN ONG  |  THURSDAY, 7 MAY 2020
... the three interest rate cuts implemented by the Fed in July, September and October 2019. Until the coronavirus became a pandemic, that is. In its April WEO update, the IMF declared that, "Among emerging market and developing economies, all countries ...

Frydenberg amends Corporations Act

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... through an online interface", the conference provider said. Redback Connect founder and chief executive Jeff Downs said the pandemic had changed the way investor relations are being conducted. "Restrictions on large gatherings, travel, and concerns from ...

Software provider launches ERS tech solution

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... of operations Jon Alder said the superannuation industry was in uncharted territory as it tries to battle the global pandemic. "Superannuation plays an important role in the community at large, which is why it was critical that Bravura supported our ...

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
... members were three times the usual rate in March as Australians moved their super to cash in the midst of the COVID-19 pandemic. The data found 39% of those that switched their super moved into cash and slightly less moved to growth assets. The second ...

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
While the fallout from the COVID-19 pandemic has demolished the return expectations of investors for the year, new analysis shows MySuper products have managed to turn things around. Latest Rainmaker research shows MySuper products offered by not-for-profit ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... delayed their merger saying due diligence was tougher while while staff are working remotely as a result of the COVID-19 pandemic. Another superannuation fund, Funds SA has delayed its process of shifting to a new custodian amid the volatility.

Centuria crosses Tasman, acquires stake in NZ manager

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... team." Centuria joint chief executive Jason Huljich said the two firms would go from strength to strength in the post-pandemic environment. "Augusta has impressive growth credentials and we believe that as COVID-19 conditions unwind we need to look to ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
Australia's banks have been hit hard by the COVID-19 pandemic, with cash earnings down more than 40% compared to the same time last year. According to EY analysis of Australia's big four banks' half year results, combined cash earnings were ...

Lockdown measures cost $4bn a week: Frydenberg

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
... economy moving again. Prime Minister Scott Morrison said initial actions and measures implemented during the COVID-19 pandemic have been largely successful at slowing the spread of the virus. "We need to continue to have the right controls in place to ...

Mayfair 101 reveals new sub-division, hires chief

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... COVID-19 throttling the tourism industry. Despite action from ASIC limiting its promotion of some products and a global pandemic limiting travel, Mayfair has created a new division called Mayfair Tourism. Mayfair Tourism's first chief executive will ...