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Showing 1651 - 1660 of 6960 results for "MINI"

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
"Australia is following in the COVID-19 footsteps of the UK and experts are warning the floodgates are likely to open soon." This statement -- printed by the Australian Financial Review - talked about the rising number of infections in the UK and how ...

Positives from the pandemic for advisers

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
According to the Association of Independently Owned Financial Professionals (AIOFP), the COVID-19 pandemic may be producing some positives for financial advisers. In a letter to AIOFP members, executive director Peter Johnston wrote that despite all ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
A University of Melbourne finance professor and Super Consumer Australia director has proposed an alternative solution to soften the blow of COVID-19, one reliant on borrowing funds from the Reserve Bank of Australia rather than superannuation funds. ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
Although the outlook for 2020 looks bleak, recovery is on the cards for 2021, according to IMF managing director Kristalina Georgieva. Following a conference call of G20 finance ministers and Central Bank governors Georgieva said that while the human ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
Think your 30-50% year-to-date loss in your equity portfolio is bad? Just wait until all buyers disappear, consumed by a tiny speck of micro-organism. Remember Murphy's Law? "Anything that can go wrong will go wrong". Monetary and Keynesian stimulus ...

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
The government's $10,000 early release from superannuation allowance is higher than historic withdrawals, but a better option than freezing the superannuation guarantee. Prime Minister Scott Morrison yesterday announced Australians will be able ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
The superannuation sector has been called on to act as a key pillar in Australia's response to the COVID-19 pandemic, with the early release of super a central tenet of the government's new policy initiatives. The government's latest suite ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
The Financial Planning Association of Australia is keeping itself busy amid COVID-19 uncertainty, with chief executive Dante De Gori urging the government to consider moves to ease the pressure on retirees, just weeks after he had an audience with the ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Netwealth and HUB24 have kept interest rates on cash accounts at 0%, following the Reserve Bank of Australia's rate cut of 25bps on Thursday. Both platforms confirmed the decision to maintain rates at 0%. "Nothing has changed since last week for ...

Moody's downgrades AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
International ratings agency Moody's has downgraded AMP Group, AMP Bank and AMP Life. AMP Group, AMP Bank and AMP Life were all downgraded from A2 to A3 and remains under review for downgrade. AMP Life's insurance financial strength rating was ...