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Showing 231 - 240 of 686 results for "Small business"

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... stimulus package reportedly includes US$500 billion to fund industries impacted by COVID-19, US$350 billion in small business loans, US$250 billion in aid for those out of work, US$75 billion for hospitals and payments of up to US$3000 for families. ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B in small business loans that can be forgiven if employees are retained; a $500B loan and loan guarantee program for industries, cities and ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
The Australian Banking Association (ABA) has announced banks will defer loan repayments for six months for small business, as the nation introduces measures to combat the impact of COVID-19. The ABA said the move is designed to combat unemployment and ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
"Whatever it takes and for however long it takes!" This is the collective battle cry of governments and central banks the world over as they try to calm nerves and get ahead of the coronavirus that's paralysed economic activity. Fiscal and monetary ...

JP Morgan commits $86m to COVID-19 crisis

ALLY SELBY  |  THURSDAY, 19 MAR 2020
JP Morgan Chase & Co has committed $86 million (US$50 million) to address global public health and long-term economic challenges from the spreading COVID-19 pandemic. It comes as the World Health Organisation reports 786 new coronavirus-related deaths ...

InPayTech's ClickSuper grows

HARRISON WORLEY  |  MONDAY, 9 MAR 2020
InPayTech's superannuation payment solution has picked up new payroll provider clients, as cybercrime continues to threaten the super sector. The payment technology company has confirmed seven new payroll providers have joined the firm's integrated ...

Stanford Brown hires Deloitte director, acquires firm

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
... three main businesses: private wealth (planning, insurance, tax and portfolio management for high-net-worth and small business owners), multi-sector portfolio manager Soteria Capital and corporate wellness consultant BeneFit3. Hoyle flagged the firm's ...

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... Burgess said. He predicted that the government will remove the work test for certain demographics, highlighting small business owners as an example of a group that is sometimes disadvantaged by the work test. Burgess touched briefly on the ATO's investment ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard". In a submission to the Treasury's Compensation Scheme of Last Resort ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ...