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Showing 191 - 200 of 480 results for "Hospital"

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The economic impact of the COVID-19 pandemic is the biggest shock to the Australian economy since World War II, according to Roy Morgan. New analysis from the research house confirms Australia is facing the biggest single hit to its economy and workforce ...

Hostplus responds to PDS controversy

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
Hostplus has responded to a series of reports suggesting the fund does not have ample liquidity to handle the government's plan to allow people to access their super early and claims it updated its PDS in preparation for mass redemptions. As part of ...

No exclusions for frontline workers

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... commitment, the FSC ensured a broad definition of a frontline healthcare worker. "This means not only doctors, nurses and hospital staff but also those who may potentially be exposed to COVID-19 such as police, pharmacists, paramedics and age care workers," ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
The government's $213 billion stimulus package is set to push up the country's total debt but experts say it is not reason enough to draw down on the sovereign wealth fund. The government has so far announced $213 billion in stimulus spending ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Speaking to Financial Standard, Hostplus chief executive David Elia has said it's the super funds with higher average account balances that should be worried about the impact of the early release scheme. Hitting back at public commentary suggesting ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
Prime Minister Scott Morrison today announced $130 billion of spending over the next six months to support the livelihoods of Australians who lose their jobs and income as a result of COVID-19. The government anticipates as many as six million Australians ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
Daily reports of the rising number infections and fatalities from COVID-19 are matched only by tightening restrictions on social interaction and the ever-increasing amount of money released from government and central bank coffers. How wide and far-ranging ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
This week the world gained some clarity as to the true scale of the impact COVID-19 is likely to have which, in turn, made clearer the challenges the financial services industry will face in combating the pandemic's effects. However, greater uncertainty ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
The Dow Jones has recorded its shortest bear market in the index's history, as investors regain confidence in a market rife with volatility. The Dow experienced its strongest three days in nine decades after record weekly US jobless claims came ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
As unemployment continues to rise, latest analysis of the implications of the government's early access to super initiative has seen the estimated cost of the measures almost double. Research house Rice Warner has assessed the impact of the government's ...