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| | | The Australian Banking Association (ABA) has announced banks will defer loan repayments for six months for small business, as the nation introduces measures to combat the impact of COVID-19. The ABA said the move is designed to combat unemployment and ... |
| | | | As Prime Minister Scott Morrison updated Australians about the measures being taken at home to stop the spread of COVID-19, other nations around the world have announced their stimulus packages to cushion the economic burden. The largest, unsurprisingly ... |
| | | | ... virus almost every day and we've responded to that information." The news comes as the Australian Banking Association (ABA) announced it is ready to face the challenge of COVID-19 and will assist customers. ABA chair and Commonwealth Bank chief executive ... |
| | | | Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%. Nearly $140 billion was wiped from the S&P/ASX 200 yesterday, as ... |
| | | | Australian National University (ANU) has been selected by the Morrison government to analyse whether wages will be harmed if the superannuation guarantee is increased to 12%. Robb Preston, manager of Treasury's retirement income policy division, told ... |
| | | | While the market focus has moved on from the woes of 2019, investors in 2020 and facing similar global risks, according to Mihkel Kase, portfolio manager - fixed income at Schroders. Kase said the concerns investors faced in 2019 - think trade war and ... |
| | | | There is disconnect between what investors value from their advisers and what advisers believe investors value, leading to frustration and a breakdown in advisory relationships. That's according to the latest research coming out of Morningstar, which ... |
| | | | Grattan Institute has again weighed into the ongoing debate over the necessity of the legislated increase to the superannuation guarantee. In a new research paper, Grattan claims workers "overwhelmingly" pay for increases to the super guarantee through ... |
| | | | TCorp is not anticipating a significant fiscal boost for Australia this year, listing a number of US factors as key issues for the global economy in 2020. New research from the investment and financial management firm lists the key factors that are ... |
| | | | A Sydney firm that manages money for family offices and high-net-worths has hired a portfolio manager from Discovery Asset Management which shut shop last year. Peter Moller has joined Harper Bernays, which describes itself as one of Australia's "oldest ... |
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