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Showing 121 - 130 of 1756 results for "Covid"

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... inflation numbers as opposed to the supply side, which has dominated over the last few years, particularly at the start of COVID-19. "Pandemic-related supply chain problems occurred at the same time as demand for goods was strong, resulting in a sharp ...

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... it's worked with more than 16,500 victims of scams and more than 7500 people affected by natural disasters, excluding COVID-19. Further, it's helped more than 30,000 people experiencing financial difficulty and registered more than 17,000 COVID-related ...

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
A former financial adviser who was jailed for breaching COVID-19 border restrictions to attend the AFL Grand Final had his ASIC banning order reduced. Mark Babbage, who was an authorised representative of Wealthsure and Capstone Financial Planning ...

Large Australian corporations pay record tax: ATO

ANDREW MCKEAN  |  THURSDAY, 9 NOV 2023
... tax paid in 2021-22 was the highest since CTT reporting started, showing how Australia's large taxpayers rebounded from COVID-19 and lockdowns. "This is a fantastic result for the Australian community," Saint said. "A combination of a rapidly recovering ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... Australians are struggling considerably to manage on their present income, a percentage surpassing any recorded during the COVID pandemic," she said. "Financial stress is one of the most severe mental distresses, compared in magnitude with the effect ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... loans on its books. "While more customers are calling us, hardship levels remain at around half the numbers we saw during COVID and we are not yet seeing significant increases in customers falling behind on repayments. But this doesn't mean it's ...

RW Capital launches Pets Fund

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
... track-record." "There has been a large increase in the number of pet animals in Australia in recent years, particularly over the COVID-19 pandemic," he said. "These businesses are cashflow positive and we've done very well out of our investment to ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... observed that the reduced profitability of risk products was impacted by a rise in claims and the lack of one-off items like COVID-19 reserve releases, while the profits of non-risk products surged due to favourable investment markets. Nevertheless ...

Family office executives take investment reins: Ocorian

CHLOE WALKER  |  THURSDAY, 5 OCT 2023
... investment managers to manage their assets, but falling returns driven by the financial crisis in 2008 and the impact of the COVID-19 pandemic has prompted the switch to alternative approaches and directly employing professionals," Ocorian said. "The ...

Global insurers eye private markets, clean energy: BlackRock

ANDREW MCKEAN  |  FRIDAY, 29 SEP 2023
... and strategic investors group Charles Hatami emphasised that the report comes in a critical period - the second year post-Covid - marked by "structural mega forces" that are shaping the macroeconomic outlook. These mega forces include the ageing population ...