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Showing 1181 - 1190 of 1757 results for "Covid"

Super reform should happen, but not now: Grattan

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... Institute has warned that now is not the time to enact sweeping reforms as the nation battles the economic effects of the COVID-19 pandemic. Chief executive of the Grattan Institute John Daley said policy priorities need to reflect the new reality created ...

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... ask for evidence, we may revoke the determination issued for your application. "This means the amount paid to you under COVID-19 early release of super will become assessable income and need to be included in your tax return and you will pay tax on the ...

Super funds merge, board revealed

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... and culture. "Last year our boards set the goal to finalise the merger by 1 July 2020; and despite the challenges posed by COVID-19 over the past six months we are pleased to say that we have brought our two funds together as planned," he said. "This ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... investors. The year 2020 was gonna be a good year for equity market investors - it's gonna be a good, good year... until COVID-19. Efforts to contain the coronavirus pandemic have prompted governments everywhere - except Sweden - to impose social ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... economy." Elia agreed, arguing the industry needed greater certainty to take advantage of investment opportunities in the COVID-19 recovery. "COVID-19 has thrown out various challenges for us," Elia said. "Really we need clarity on the purpose and role ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... identified by a survey of industry super funds, IFM Investors and the Industry Super Property Trust. Since the beginning of the COVID-19 crisis, industry super funds have poured millions into Aussie businesses, helping them rebuild and expand at a time ...

AFA, FPA share bleak view of industry

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
... was delayed by six months and for at least a further six months it was not available in regional areas. He added that amid COVID-19 advisers were busier than ever and FASEA took time to move the exam online. Anderson disagreed with Molino, saying the ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... for the economy is "extraordinarily uncertain" and will depend in large part on the country's success in containing COVID-19. "A full recovery is unlikely until people are confident that it is safe to reengage in a broad range of activities," Powell ...

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... performance or sustainability as the regulator expects material changes in this area to take longer to manifest, and for COVID-19 to have an impact. It also doesn't account for insurance premiums. "Since publishing the heatmap last December, APRA ...

Vanguard launches SMSF functionality

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... investment options," a Vanguard spokesperson said. "We decided to proceed with the launch of the Personal Investor offer amid the COVID-19 health pandemic and resulting share market volatility because we wanted to give Australian investors the ability ...