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Showing 111 - 120 of 229 results for "Aussies"

Millions of workers facing financial stress: AMP

ELIZA BAVIN | THURSDAY, 12 NOV 2020

... highest levels of financial stress. However, higher income earners are also experiencing stress, with AMP finding one in 10 Aussies earning over $100,000 are severely to moderately stressed. The research also found that around one in five female employees ...

COVID-19 spurs proactive investing: Study

KARREN VERGARA | WEDNESDAY, 11 NOV 2020

... their future financially due to COVID-19 (72% versus the 65% global average). During this volatile period, over a third of Aussies tend to invest or make adjustments to their portfolios, compared to New Zealanders (24%), Germans (23%), and UK (26%) and ...

Majority of Aussies want SG rise: ASFA

ELIZA BAVIN | MONDAY, 9 NOV 2020

Around 75% of Australians want the superannuation guarantee to rise to 12%, according to a survey commissioned by the Association of Superannuation Funds of Australia (ASFA). ASFA said 1375 Australians were surveyed in October by Utting Research about ...

Aussies continue to drain super

ELIZA BAVIN | MONDAY, 12 OCT 2020

Over the week to September 27, a further 36,000 applications were received by funds for the Early Release of Superannuation (ERS) scheme. Of the 36,000 applications 22,000 were first-timers and 14,000 were repeat applications. Initial applications total ...

Aussies want to invest super in property: Research

ELIZA BAVIN | WEDNESDAY, 7 OCT 2020

Around half of Australians think property is the most secure and profitable long-term investment, compared with shares, gold, cash and fixed interest, according to new research. The survey found that 41% of Australians would invest their superannuation ...

Wealthy Aussies panic buy life insurance

ANNABELLE DICKSON | MONDAY, 17 AUG 2020

High net worth investors have resorted to panic buying life insurance products as a result of the COVID-19 pandemic despite low trust in the providers, according to the latest research from GlobalData. The analytics and data firm's 2020 Global Wealth ...

Aussies reevaluate retirement prospects

ALLY SELBY | MONDAY, 3 AUG 2020

New research has revealed Australians are feeling significantly less confident about their retirement prospects, with many fearing they will have to work longer in the wake of the COVID-19 crisis. Surveying 1000 Australians in June, the CFS Retirement ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN | TUESDAY, 21 JUL 2020

... Australia's recovery. "JobSeeker and JobKeeper are temporary measures, they were always going to be temporary and I think Aussies understand that," Morrison said. "We always said it would taper back and scale down, they are not enduring and they are ...

Rio Tinto decision exposes limits of super engagement

ELIZABETH MCARTHUR | TUESDAY, 7 JUL 2020

A controversial promotion at mining giant Rio Tinto has demonstrated how even the biggest of super funds hold very little sway when it comes to engaging with companies they invest in. Peter Toth, formerly chief executive of OM Holdings, was promoted ...

APRA warns of ERS second wave

ELIZA BAVIN | MONDAY, 6 JUL 2020

... a further $10,000 from their super. This was foreshadowed last week when the ATO website crashed due to the number of Aussies logging on to complete their tax return and apply for the second round of ERS. In addition, APRA said this may impact processing ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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