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Showing 1161 - 1170 of 1758 results for "Covid"

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... statement Lowe also pointed to the issue being faced in the global economy due to the outbreak and containment measures of the COVID-19 pandemic. "The global economy has experienced a severe downturn as countries seek to contain the coronavirus. Many ...

Qantas Super awards insurance mandate

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... awarded the insurance mandate, effective July 1, 2020. The fund said it was pleased to welcome the global insurer, saying the COVID-19 pandemic in part led to the decision. "With the COVID-19 pandemic leading many insurers to review their premium rates ...

Hostplus bumps cash allocation up

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
... 0-15%; it was previously 0-10%. The $53 billion fund also updated members on its liquidity position. "The effects of the COVID-19 pandemic on global investment markets are particularly our focus presently," the fund said. "In these challenging times ...

New player in geared, index-shorting ETFs

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... Ultra Short Nasdaq 100 (SNAS) comes on the heels of BetaShares' geared, shorting ETFs catching investor attention during COVID-19 volatility. BetaShares' BBOZ and BBUS, which track ASX 200 and S&P 500 respectively with leverage, had tallied up ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... is the fourth lowest return in 20 years, and the first negative benchmark return since the GFC, Dunnin said. Despite the COVID-19 financial crisis savagely impacting fund returns in February and March, the index is effectively back to where it was just ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... piece for The Conversation, economics lecturer Isaac Gross argued a six-month break from the 10% tax would help fight the COVID-19 recession. It comes as PwC proposes an increase to the goods and services tax to 12.5%, which it says will help address ...

Indigenous foundation teams up with super funds

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... million in super. However, the event was postponed this year to protect the health of vulnerable communities during the COVID-19 pandemic. "The COVID-19 pandemic has meant that we are unable to travel to communities this year, so we are building a number ...

Top traded stocks revealed

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... month). eToro analyst Josh Gilbert said Tesla has been one of the most frequently invested stocks on the platform since the COVID-19 crash in March. "Tesla's share price was up more than 22% in June as it went on to breach $1000, smashing its record ...

Advisers switch platforms amid pandemic

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... between various investment platforms in their search for better service and support in the wake of the Royal Commission and COVID-19 pandemic. Investment Trends' 2020 Planner Technology Report found that 29% of financial advisers stopped placing new ...

APRA warns of ERS second wave

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
APRA has warned it is expecting high volumes of applications for the start of the second tranche of COVID-19 Early Release of Super scheme. The regulator said it is expecting a second wave of applications as Australians rush to remove a further $10,000 ...