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Showing 1291 - 1300 of 5397 results for "Federal"

AFP investigates ERS scams

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
The Australian Federal Police are investigating a small number of scams in relation to the government's Early Release of Super scheme. The Australian Taxation Office said measures designed to protect the integrity of the early access to super scheme ...

ERS shaves $4m off Raiz Super

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... million was withdrawn from the Raiz Invest Super fund." The average early release was $7139, he said. "With state and federal governments starting to lift the social restrictions implemented to contain COVID-19, we will continue to build on these encouraging ...

Unemployment already over 15%: Roy Morgan

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... underemployment recorded by Roy Morgan is an improvement the 27.4% it recorded in last two weeks of March, before the Federal Government announced its JobKeeper package. However, Roy Morgan's April unemployment numbers is still much higher than the latest ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... rules and retirement balances were hit by the volatility in financial markets. This was followed by enquiries about the federal government's JobSeeker payment and JobKeeper wage subsidy. AMP technical strategy manager John Perri said the government was ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
... said. The local market hasn't rebounded as much as its global counterparts as the RBA has not done as much as the US Federal Reserve to bolster asset prices, he said, but our health and fiscal responses have so far been superior. "My guess is that ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... that's even after allowing for the extraordinary support to families and businesses that has been rolled out by the federal government," Richardson said. "The pain of lost incomes isn't equally distributed. Not surprisingly, the deeper the lockdown ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... for their relative quality bias and the sizable policy response to the outbreak: large fiscal stimulus coupled with the Federal Reserve's commitment to keep rates low and markets functioning," Boivin said. "We stay underweight on European equities. We ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
... requests will be fulfilled within five business days. "We want to help members who are in immediate financial need under the federal government's early access to superannuation program and those accessing financial hardship in these difficult circumstances," ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... portfolio curation through acquisition and divestment during the crisis, while tenants and shoppers would be supported by federal and state stimulatory packages. Charter Hall said tenants representing 87% of its portfolio currently remain open and trading ...

Curtains fall for two financial services companies

ALLY SELBY  |  MONDAY, 27 APR 2020
The Federal Court of Australia has ordered two financial services companies to be wound up, with McGrathNicol appointed as the liquidator of both firms. ASIC applied to have both Audrn Group and Optima Lending Solutions wound up earlier this year, with ...