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Showing 171 - 180 of 732 results for "Coronavirus"

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... institutions' forecasts. Summer has ended. The eased restrictions over summer have given way to a second wave of coronavirus infections in the continent. Worse, Stella Kyriakides -- European Commissioner for Health and Food Safety since 2019 - notes ...

Financial advice firms facing failure: Dynamic Asset Consulting

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
Dynamic Asset Consulting (DAC) has warned that financial advisers are putting their businesses and their clients at serious risk by implementing traditional strategic asset allocation (SAA) portfolios. DAC portfolio manager Jerome Lander said most Australian ...

Chief economist update: Rents under covid

BENJAMIN ONG  |  MONDAY, 28 SEP 2020
... restricting evictions for tenants impacted by the pandemic until at least September 30." As in most everything else, the coronavirus will dictate what happens next. "In the near term, the successful suppression of COVID-19 and the controlled reopening ...

Need to recalibrate the fiscal strategy: Frydenberg

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
Federal Treasurer Josh Frydenberg said the medium-term effects of COVID-19 have made it necessary to recalibrate the government's fiscal strategy ahead of the budget release. Frydenberg said the government will continue to offer strong economic support ...

Chief economist update: UK's winter of discontent

BENJAMIN ONG  |  FRIDAY, 25 SEP 2020
... May 13. The headlines tell what happened thereafter: "UK beaches packed on year's hottest day after easing of coronavirus measures" (abc.net.au, May 21) "Lockdown? What Lockdown? Heat Wave Brings Britons Out in Droves" (New York Times, June 26) "European ...

Many who accessed ERS unsure of impact: Research

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme. The study, conducted by the ARC Centre of Excellence in Population Aging Research ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... $824.3 billion for the period, according to actuary and research firm, recovering from the corrections triggered by the coronavirus pandemic. On a year-on-year basis this equates to a 4.5% drop. During the June quarter, funds under management bounced ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
Customer satisfaction will retail funds fell by 2.5% while satisfaction in industry funds rose 0.2%, according to new data from Roy Morgan's Superannuation Satisfaction Report. The report shows an overall super fund satisfaction with financial performance ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... Both central banks have not taken interest rates deeper into the negative to counteract the negative impact of the coronavirus pandemic on their respective economies. Fed chair Jerome Powell's last words on negative interest rate policy were that ...

Chief economist update: Dan defeats second wave

BENJAMIN ONG  |  TUESDAY, 22 SEP 2020
... Bitter and painful as the medicine may be, it's starting to work downunder. Melbourne's 14-day average of coronavirus infections continues to trend lower, this day at 32.8 persons - within the average 30-50 case rate that the Andrews government ...