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Showing 1541 - 1550 of 1758 results for "Covid"

Healthcare outperforms as financials plummet

ALLY SELBY  |  FRIDAY, 17 APR 2020
The COVID-19 pandemic has seen Australia's healthcare sector soar as our financials, energy and real estate sectors plummet. However, S&P Dow Jones Indices senior director of global equity indices Michael Orzano said it's a trend that has been ...

Telstra issues 10-year bond

ALLY SELBY  |  FRIDAY, 17 APR 2020
... funds." Telstra chief executive Andrew Penn said credit facilities demonstrated the financial strength of the company amid the COVID-19 crisis. "The bond issue and the additional bank facilities [demonstrate] the company's financial strength and attractiveness ...

Funds have five days to hand over cash: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... to hand over the money. As part of the government's economic stimulus package, those who have lost income as a result of COVID-19 and the subsequent shutdown will be able to access up to $20,000 of their super over two years. APRA announced funds will ...

BAS agents to give financial advice

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
A new legislative instrument aimed at helping Australians to navigate the COVID-19 stimulus measures will allow BAS agents to offer financial advice to businesses. BAS agents can now legally advise businesses about their entitlements to the new JobKeeper ...

ETF demand boosts gold

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
... yield on gold is zero it is still higher than a negative yield." Walesby said that despite interest in gold arising before COVID-19 hit, it is still the Black Swan event that caused the rush we have seen. This rush to gold, being a safe haven, is not ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... 4.4% in March from 3.5%. Has Australia again lived up to its tag as 'The Lucky Country' and dodged the fallout from COVID-19? That's the hope, the wish and the prayer. Unfortunately, this stroke of "luck" resulted from the labour force survey's ...

Liquid and ready: Cbus

ALLY SELBY  |  THURSDAY, 16 APR 2020
... infrastructure. Atkin said the new development would support up to 2000 construction jobs as the country recovers from the COVID-19 pandemic. "This landmark project comes at such an important time for the construction industry in South Australia," he ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global ...

COVID-19 could end Centrelink stigma

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
Long lines outside Centrelink branches have become defining images of the effect the COVID-19 pandemic has had on the Australian economy. But what impact will it have on the stigma associated with welfare? When Prime Minister Scott Morrison said 2020 ...

Top picks for dividends during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
UBS says the dividend dip in Australian stocks in the next year could be worse than the Global Financial Crisis, but six stocks are poised to pay good dividends. In 2008, dividends fell by $10.5 billion (or 28%) to $44.9 billion. But this time, dividends ...