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Showing 111 - 120 of 1329 results for "Pandemic"

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... peak of 7.8% in December 2022. Bloxham further emphasised that a larger underlying issue is Australia's weak post-pandemic productivity, ranking poorly among developed nations. This has driven unit labor costs - wages adjusted for productivity - ...

MA Financial buys $96m hotel to seed fund

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
... first in a range of hotel properties it acquires in the near term. "We believe that the dislocation caused by the global pandemic, increased construction costs and the current macroeconomic conditions create a compelling opportunity to acquire accommodation ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... 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 13.6 million taxpayers ...

Super fund satisfaction improves: Roy Morgan

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... still significantly higher than the long-term average of 58.2% from 2007. It is also higher than at any time prior to the pandemic, which saw record high satisfaction amid the Early Release of Super scheme. Roy Morgan chief executive Michele Levine said ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... the globe, we have begun a decade of division, with billions of people shouldering the perilous economic shock of the pandemic, inflation, and war, while billionaires' fortunes boom," she said. "At the same time as billionaires are hording more wealth ...

Mild recession in 2024, higher interest rates: Vanguard

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... 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 achieving ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... prominent concern in the group life insurance sector, with recent legislative changes and ongoing uncertainties from the pandemic contributing to this issue. However, APRA expects this volatility to decrease moving forward and has committed to continuous ...

ASIC curbs high-risk offers from online trading providers

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
... retail investors, a shift emerging amid the fluctuating market conditions and the decline in retail trading activity post-pandemic. In a report, the corporate regulator said that it took swift action to disrupt certain high-risk offers, or proposed offers ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... Main Street Financial Solutions, sees sophisticated investors' interest in private markets grow since the COVID-19 pandemic as a means to diversify away from equity markets. "We use private equity fund exposure predominantly as a means to help diversify ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
... 84-year-old fund currently has just over 26,000 members. Its ability to gain members suffered in recent years with the pandemic, as did its funds under management when Qantas laid off staff and the fund saw about $1 billion pour out under the ERS sch ...