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Showing 2501 - 2510 of 6136 results for "Australians"

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 ...

COVID-19 ushers in the future of work

ALLY SELBY  |  THURSDAY, 14 MAY 2020
With days, weeks, and months passing in what seems a blink of an eye, Australians have become accustomed to the comfort of working from home. So what does it mean for commercial real estate and those invested in it? Perhaps many, arguably those without ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... said those figures are in line with CFS' expectations. "CFS supports measures the government has put in place to help Australians in this time. We are committed to helping our members who are facing uncertainty and hardship," Power said. The average ...

Super must come together over cybercrime

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... fraudulent activity, but still paused the scheme while the ATO looked into whether any more could be done to protect Australians. Early on, super funds were concerned of the dangers of fraud in the ERS initiative, raising concerns about increased levels ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
MP Tim Wilson has argued industry super funds' ownership of ME Bank is at odds with the sole purpose test as the bank has yet to pay dividends. Following ME Bank's controversial decision to slash redraw balances on some legacy home loans, and ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... Standard. The Senator said Labor was "well within" its rights to move the amendment, but said the opposition was risking Australians' access to financial advice by doing so, and must own the consequences. "If this Bill becomes contested for the sake ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... increase in government debt, the stimulus measures were designed to protect the "structural integrity" of the budget. "Australians know there is no money tree. What we borrow today, we must repay in the future," he said. "Temporary and targeted, the ...

Majority of ERS applications from low balance accounts: AMP

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... industry have applied for the withdrawal during the first two weeks. AMP provides superannuation to more than 1.5 million Australians working across a wide range of industries and said withdrawal applications have been broadly in-line with expectations. ...

Advisers split on COVID-19 opportunity

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... clients, and includes health and wellbeing support, as well as measures to waive license fees until June 30. "All Australians are feeling the effects of the coronavirus, and financial advisers are no different. One in three say it's having an impact ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... average payment was $7629 and the average processing time being 3.1 days following approval by the ATO. Over one million Australians have requested early access, of which 830,000 were paid. The regulator said 82% of the funds to make payments have fulfilled ...