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Showing 221 - 230 of 1110 results for "Stimulus"

Hundreds of thousands flock to early release

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... from the economic impacts of the crisis. "Some advisors may be grappling with the tax consequences associated with the stimulus payments, and wondering what will attract our attention," the organisations said. "We also know that some businesses are already ...

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
... Committee on Economics chair Tim Wilson has written to superannuation funds seeking numbers on liquidity, unlisted assets and stimulus measures by April 29. In a letter sent to superannuation funds last Wednesday, Wilson has asked funds to submit answers ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... on a new set of issues raised by COVID-19. Of particular concern to the FPA and SMSF Association is the government's stimulus measure that allows those negatively impacted by COVID-19 to access up to $20,000 of their super over two years. "We've been ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... virus is contained," the US Labor Department said. It comes a week after US President Donald Trump signed a US$2 trillion stimulus package, the largest in the country's history. At the time, House Speaker Nancy Pelosi told the Public Broadcasting Service ...

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
... the numbers involved in Australia's response are high - $213 billion between the Federal government's three rounds of stimulus so far announced - they don't condemn younger Australians to a "lifetime of higher taxes and sub-standard services". Richardson ...

Not buy time yet: Lonsec

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... correlated to equities during periods of volatility. "You are not going to pick the bottom of the market. The recent stimulus is one less data point in uncertainty. We are just waiting to see how much more stimulus or liquidity the central banks will ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... something the SMSF Association has been working on with other professional bodies over the course of six months. The economic stimulus packages provide a potential opportunity for this," SMSF Association Franco Morelli told Financial Standard. "During ...

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 ...

Atlas Advisors adds to leadership

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... Australia. It wants the Australian government to reform the Significant Investor Visa program as part of the COVID-19 stimulus package. "Extending the mandatory investment period for the SIV program from four years to five years could increase the $11 ...

Extended lockdown could spur worst recession on record: Grattan

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
... expending sectors, such as in healthcare and other essential services," he said. "Nor do they factor in the impact of fiscal stimulus measures adopted by governments to date, although these measures are unlikely to prevent job losses in directly affected ...