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Showing 111 - 120 of 1758 results for "COVID"

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
Australian taxpayers may face an $85 billion bill due to the COVID-era Early Release of Super scheme, according to a new analysis by the Super Members Council (SMC). Using the Superannuation, Pensions, and other Retirement OUTcomes (SPROUT) model, the ...

New chair for NZ Super Fund

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... chair, the NZ Super Fund continued to outperform its long-term investment benchmarks despite the challenges presented by the COVID-19 pandemic and significant market volatility." "Catherine Drayton has made a significant contribution to the fund, helping ...

Five megatrends shaping financial services: McCrindle

CHLOE WALKER  |  FRIDAY, 23 FEB 2024
... need to have that human connection," he said. Finally, social reconnection is having an impact. "Particularly since the COVID lockdowns and over the last few years, Australians have been yearning for that community re-engagement," he said. "You have ...

Economists share their top left field ideas for 2024

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2024
... that changing given where central bank rates are... It's probably not going to appreciate at the kind of pace it did during COVID, but the property market is one for the sensible investor," he said. Those looking to buy an investment property can benefit ...

REITs primed for investor cash amid uncertainty

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... historically proven to be a defensive investment option during the more common recessions of the past 35 years, indicating that COVID-19 and Global Financial Crisis were more of an exception than the norm. Principal Asset Management chief investment ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... superannuation rules for purposes like aiding first home buyers or providing support during economic downturns, as seen during the COVID crisis. "Members' money is being used to ensure that super is hermetically sealed, even though that might not ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... necessary as the original tax cuts legislated by the Morrison government in 2018 were no longer fit for purpose following the COVID-19 pandemic and other "unanticipated shocks". "The recommended package is estimated to provide cost-of-living relief to ...

Balanced portfolios to reap rewards in 2024: UBS

CHLOE WALKER  |  TUESDAY, 9 JAN 2024
... discounts have remained near 15%," it said. "Lastly, despite expectations of slower growth and rates settling higher than before COVID, private credit fundamentals remain attractive."

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... has also worked with more than 16,500 victims of scams and more than 7500 people affected by natural disasters, excluding COVID-19.

Mild recession in 2024, higher interest rates: Vanguard

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... rates are therefore likely to remain at heightened levels compared with periods following the Global Financial Crisis and COVID-19 pandemic." The fund manager maintains its position on sticking to a 60-40 portfolio, confident in the probability of it ...