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Showing 161 - 170 of 1408 results for "Fallen"

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... industry from 20 April 2020 to 31 December 2020. The ERS scheme surpassed Treasury's initial estimates of $29 billion but has fallen short of its revised estimates of $42 billion being removed. Of the 3.5 million Australians who applied to the scheme ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... consecutive quarters of contraction -- -0.3% in the March quarter and -7.0% in the June quarter. The unemployment rate has fallen to 6.6% in December after peaking at 7.5% in July last year. Australia's success in containing the second wave and the ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... months, ASIC responds (May 21) Rainmaker analysis of the ASIC Financial Adviser Register revealed that 1488 advisers had fallen off the register between January and May 2020, with the bulk dropping off in the three months to May 21. In response, ASIC ...

Super SA to close growth option

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... Bank of Australia (RBA) and global central banks, yields for short-term fixed interest securities (defensive assets) have fallen towards zero per cent," the fund said. "This record low interest rate environment is likely to persist for a number of years ...

JobKeeper saved 700,000 jobs: RBA

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... additional employment relationships being lost in the short term," the RBA said. "Without JobKeeper, employment would have fallen by twice as much as it did. Our estimates are close to (or, a little larger than) Treasury's earlier estimates of the number ...

Audit inquiry overlooks vertical integration

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
An inquiry into the quality of audits has fallen short of recommending the breakup of the largest four vertically integrated accounting firms in a bid to combat conflicts of interest. The Regulation of Auditing in Australia: Final Report, tabled in ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... remains an asset class that provides negative correlation to risk assets such as equities, and while the running yield has fallen, the potential for capital gains remains - particularly as the RBA embarks upon an expanded asset purchase program." Jollie ...

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
Australia's pension system has fallen short of its world-class status, according to a global study, which rated the $3 trillion superannuation industry a 'B'. The Mercer CFA Institute Global Pension Index ranked Australia fourth out of 39 ...

Pandemic batters life insurers

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... but this was down by 43% year on year. KPMG insurance sector lead David Kells said the industry's profits have either fallen or losses worsened on almost every metric. "This was always likely to be a tough 12 months for the life industry, starting ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... before the pandemic froze economic activity. Consequentially, manufacturing jobs as a share of total employment has also fallen to around 7.1% this year from 16.7% in 1984 (the earliest I could find). The prime minister's initiative to revive manufacturing ...