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Showing 1231 - 1240 of 3402 results for "Response"

AFCA extends complaints response time

ALLY SELBY  |  THURSDAY, 16 APR 2020
... difficult times," the authority said. "AFCA is also providing as standard, a flat 21-day timeframe to provide an initial response, once the dispute reaches the case management stage." AFCA chief executive and chief ombudsman David Locke said the temporary ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... 2019, representing a 111% increase. CommSec executive general manager Richard Burns said investors had made a "large" response to the volatility in the market, as concerns abound as to how they can protect their investments and take advantage of the ...

Asset values could drop to 2017 levels: MSCI

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... Index, the decision of super funds to make out-of-cycle write downs to the value of their unlisted property assets in response to the COVID-19 pandemic is "more comparable" to what happened around the time of the GFC than the early 90s recession. As ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... economic effects from the virus remain uncertain, the outlook has deteriorated since the government's initial Economic Response announced on 12 March 2020." The ratings agency said the enlarged budget deficit is expected to remain for the next two years ...

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 ...

ClearView promotes resilience

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... regulatory capital "appears resilient" to each scenario. "These will continue to be closely monitored and potential actions in response have been developed and are being considered (for example, expense reductions) but are not allowed for in the projections," ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
The Bank of Japan (BOJ) acted quickly in response to the coronavirus outbreak. In an emergency meeting on March 16, the Japanese central bank announced it would buy ETFs at an annual pace of ¥12 trillion, double its J-REIT purchases to ¥180 billion ...

1.5 metres to trigger real estate downfall

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... centres seem to be holding up well, she said. Yoong argued the Australian real estate market had seen a more coordinated response from government, regulators and financial institutions compared to its peers. "We're seeing the banks work with the ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... their views and give due consideration to plausible downside scenarios and initiate prudent capital management actions in response. The regulator said the institutions must ensure they maintain the confidence and capacity to continue to lend and support ...