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Showing 1301 - 1310 of 1326 results for "Pandemic"

Best, worst equities performers in COVID-19 sell-off revealed

ALLY SELBY  |  WEDNESDAY, 18 MAR 2020
... developed nations, such as Italy and the US, Morningstar argued. "At this point Asia appears to be getting 'ahead of the pandemic curve,' with China and South Korea curtailing new COVID-19 infections, while confirmed cases continue to escalate ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... 200% way off my rockers, but as one country after another self-isolates itself to contain the still growing coronavirus pandemic, the likelihood that Australia's 28-year run of growth sans recession will come to an end has increased. Just have a ...

FASEA rethinks CPD, provides exam update

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... exam provider ACER have offered an update on what financial advisers can expect from the FASEA exam amidst the COVID-19 pandemic - taking a wait and see approach. Meanwhile, financial advisers are also calling for FASEA to reconsider its CPD requirements ...

Aussie ETF industry contracts

ALLY SELBY  |  MONDAY, 16 MAR 2020
... billion in February as the industry contracted for the first time in more than a year amid fears of the spreading COVID-19 pandemic. According to BetaShares, the 3.1% month on month decline in funds under management was due entirely to falls in asset ...

Australia narrowly avoids 0.9% GDP blow: KPMG

ALLY SELBY  |  MONDAY, 16 MAR 2020
The COVID-19 pandemic would have served Australia's GDP a 0.9% blow if it hadn't been for the government's $17.6 billion economic stimulus package, according to research released today by KPMG. The 0.9% near miss would amount to a $17 billion ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... President Trump's declaration of a national emergency and announcement of US$50 billion fund to fight the coronavirus pandemic. This is in addition to a number of monetary policy support measures planned and already implemented by many central banks ...

Major industry events cancelled amid pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 13 MAR 2020
... Australian Institute of Superannuation Trustees has cancelled the annual CMSF after the World Health Organisation declared a pandemic. The conference was scheduled to run over three days in Adelaide from 18 March 2020 to 20 March 2020. "The health of ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... People's Bank of China and the politburo which had been providing stimulus measures even before the coronavirus became a pandemic. However, the continuing and deepening stock market sell-off suggest that so far these policy responses - fiscal and ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... efforts to dodge a coronavirus-sparked recession. It comes as the World Health Organisation regrades COVID-19 to a global pandemic, with 118,326 cases of the virus globally and 4292 deaths. The stimulus package will directly support up to 6.5 million ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
Suggestions in response to the coronavirus pandemic that pausing superannuation contributions would stimulate the economy have been panned. Association of Superannuation Funds of Australia chief executive Martin Fahy was blunt in his assessment of the ...