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Showing 181 - 190 of 752 results for "Relief"

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... shock of the Early Release of Superannuation scheme's COVID-19 amendment, the superannuation sector can breathe a sigh of relief that government hasn't introduced a mechanism to allow members to divert their super savings into a deposit on a first home. ...

ASIC extends advice relief measure

KARREN VERGARA  |  THURSDAY, 15 APR 2021
ASIC is extending the relief measure that allows financial advisers to provide a Record of Advice (ROA) rather than a statement of advice (SOA) until October 15. The decision to extend the relief measure came after consulting with the industry, the ...

Commonwealth seeks to stop bond class action

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
... wants to essentially strike out the part of the claim referring to the class action proceedings, requesting interlocutory relief. Interlocutory relief refers to a court order to compel or prevent a party from doing certain acts pending the final determination ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... monetary and fiscal masters of the US of A fronted the Senate Banking Committee - as required under the March 2020 COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair Jerome ...

Banks should pay advice exit levy: TAA

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... on the government to mandate major banks and institutions pay an exit levy upon leaving the advice industry to provide relief for financial advisers and mitigate the increasing levy. Earlier this month the Australian Securities and Investments Commission ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... deal to the Biden administration throwing not only the kitchen sink but the entire kitchen - US$1.9 trillion coronavirus relief package. This compares with the OECD's 1.3 percentage point upward revision for Australian GDP growth this year to 4.5% ...

SMSFs given small LRBA win

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... Peter Burgess said the option of capitalising interest in circumstances where the SMSF would be eligible for loan repayment relief under COVID-19 relief measures will not cause the loan to be treated as a deemed unfranked dividend. The relevant income ...

Financial sector has deep pockets for philanthropy: Report

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... philanthropic efforts in 2020, which is 17% more than the prior year. Thirty firms donated over $175 million to COVID-19 relief efforts, typically viral research and local communities, the 2020 GivingLarge Report found. Mining companies BHP, Rio, Newcrest ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
... support our clients navigate the uncertainty, providing early access to their super, pauses on their mortgage repayments, relief on their rent and advice and guidance when needed," De Ferrari said. "Within our business, it was also an extraordinary year ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... Clinton's) a coward? I refer of course to Madame Yellen's defence of President Biden's ginormous US$1.9 trillion coronavirus relief package against Summers' concern over the risk of an inflation outbreak. He says: Summer's admit that the economy still ...