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Showing 221 - 230 of 732 results for "coronavirus"

40% of ERS applicants not eligible: illion

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
New research released by illion found that 38% Early Release of Super (ERS) applicants saw no drop in their income during the COVID-19 crisis, as withdrawals surpass $31 billion. The research found that the scheme has continues to drive a huge spending ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
Is this the new normal cycle? The cycle of coronavirus cycling its way around the world and infection, containment through social distancing and lockdowns, easing of restrictions, and back to infection - the second wave? This cycle hit home when the ...

ERS will impact those who didn't access super: REST

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The effects of the government's Early Release of Superannuation scheme could result in a 25 basis point loss for those who didn't take advantage of the scheme, according to REST chief executive Vicki Doyle. Speaking at the FINSIA Future of Super webinar ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... crude oil prices have stabilised - WTI oil at an average of US$40.99/barrel and Brent at US$43.59....but not if the coronavirus pandemic could help it. The second waves doing the rounds in many countries - notably, close to home in the state of Victoria ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... which COVID-19 social and business restrictions were captured in the WPI." These two sentences just about sum up the coronavirus pandemic's impact on Australian wages (those fortunate enough to keep their jobs anyway). But before you wail, "the sky ...

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Association of Superannuation Funds of Australia (ASFA) has released a six-step plan aiming to drive industry-wide productivity gains in superannuation. ASFA said it hopes to boost productivity gains as the impact of COVID-19 continues to disrupt ...

Emerging market debt rebounds

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
Emerging-market (EM) debt rebounded strongly in the second quarter across hard currency sovereign and corporate credit as well as local-currency debt, according to Eaton Vance. Eaton Vance institutional portfolio manager director and alternative and ...

Finance employees remain fearful

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... seriously. Meantime, 32% feared close proximity to other co-workers could increase their likelihood of exposure to the coronavirus. That compares to healthcare and construction workers, many of whom have continued to work on site throughout the crisis ...

Chief economist update: Forecasting is futile

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2020
... infections started to grow in New South Wales. These underscore the fluid nature of, well, everything for as long as the coronavirus remains at large. To quote Niels Bohr: "It is difficult to predict, especially the future". But in these coronavirus ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... an adequate retirement income to Australia's ageing population, who are living longer, was overwhelming before the Coronavirus downturn." ISA chief executive Bernie Dean spoke out against Grattan's modelling, calling the think-tank out of touch. "Lifting ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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