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Showing 2491 - 2500 of 6136 results for "Australians"

Banks urged to step up

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... society's efforts to contain a pandemic." He cited last week's Australian Bureau of Statistics data which showed 600,000 Australians had lost their jobs in April and another 750,000 had been stood down (or were on zero hours). "Total hours worked in ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... policyholder's working arrangements on March 11, the day when COVID-19 was declared a pandemic. The move means Australians will keep the cover they had based on their working arrangements before the pandemic declaration. "A claim for TPD is assessed ...

From fines to prosecution: The penalties are in

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
The Australian Taxation Office has provided insight as to the penalties that will apply to Australians who have accessed the Early Release of Super scheme despite not being eligible. The ATO has urged all Australians to carefully review the eligibility ...

916 advisers gone in three months, ASIC responds

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... COVID-19. "We've adapted and responded to the immediate challenges by providing some relief to financial advisers so Australians can get access for some of the critical questions that are now before them," Shipton said. "I think as we work through ...

Financial stress increases despite relaxed conditions

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Australians are more financially stressed than they were before the Prime Minister announced plans to restart the nation's economy, according to latest research. The latest wave of the Melbourne Institute's Taking the pulse of the nation survey shows ...

AMP, Pendal launch new managed portfolio

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... population are considering making ethical and responsible investments in the next five years." Egan said. "Nine out of 10 Australians also believe it's important that their financial institution invests responsibly and ethically across the board." AMP's ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... 594k m/m (albeit still a record fall)," UBS said. The JobKeeper package had also made surprising headways in keeping Australians in jobs, it said, helping the fall in employment to be offset by a fall in the participation rate. "There are also > 1.6mn ...

Platform to shine light on structured products

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... solution designed to uncover more information about the estimated $4 billion worth of structured products owned by Australians. The platform - launched by ex-Citi bankers - provides advisers, family offices, wholesale and sophisticated clients with access ...

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
APRA has released the newest ERS statistics for the week ending May 10, revealing funds have slipped in meeting the five-day deadline. The weekly report shows 94% of funds paid applications within five business days, down from 96% the previous week. ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... would have required a lengthy Senate debate. "At a time when access to quality financial advice is so important to Australians, I am extremely disappointed the passage of this bill has been frustrated by the Labor Party - in little more than a cheap ...