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Showing 121 - 130 of 1326 results for "Pandemic"

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... that it's been one of the most challenging environments for financial firms and their customers following the global pandemic, rising interest rates, a sharp escalation in scam activity and significant natural disasters. "We have dealt with hundreds ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... the rest of the market," she said. Despite the record high, real wage growth remains in negative territory. "Before the pandemic, we struggled to grow wages above 2%. At that time, inflation was slightly higher than that," she explained. "Before the ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... strengthen our balance sheet and closed the year with provisions for potential credit losses higher than prior to the pandemic and with more capital than ever before. This is critical as we enter a period of continued high-interest rates, rising costs ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... million based on a sample of 13 CFD issuers. In October 2020, following the boom in retail investors at the outset of the pandemic, ASIC imposed an 18-month product intervention order on the issue and distribution of CFDs, effective 29 March 2021. This ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... 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 of the death ...

RW Capital launches Pets Fund

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
... "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 date." White ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... met a welcome increase in the supply of workers, due to both higher participation and a rebound of immigration to pre-pandemic levels. "Many indicators suggest that, while conditions remain tight, the labour market is gradually cooling. Job openings ...

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... ability to create a purpose-led culture and execute a bold strategy in the face of numerous challenges, including a global pandemic, are marks of his outstanding leadership qualities. We wish him well in his future endeavours." For his part, Mota said ...

MaxCap, Australian Unity in social infrastructure partnership

CHLOE WALKER  |  FRIDAY, 13 OCT 2023
... and sophisticated asset class in Australia that generates strong income profiles. "PBSA product has matured in the post-pandemic environment providing a high-quality offering that is thoughtfully curated through the provision of extensive amenity and ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... slowing the rate at which many households have run down the sizeable stock of additional savings accumulated during the pandemic," Kent said. "This would contribute to slower growth of consumption than otherwise." Economists also identify the asset price ...