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Showing 2581 - 2590 of 6136 results for "Australians"

Stimulus is finite: Prime Minister

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... about avoiding the peak but being able to get back to some sense of normality that will allow the economy to support Australians without the unprecedented JobKeeper and JobSeeker supplements." Governments around the country, Morrison stressed, are not ...

Wholesale property fund revises down valuations

KANIKA SOOD  |  TUESDAY, 7 APR 2020
This morning, GPT Group told investors in two wholesale funds of downward revisions to the book value, citing combination of drop of rental income and retail valuations post COVID-19. The GPT Wholesale Shopping Centre Fund recorded an 11% decline in ...

No exclusions for frontline workers

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... reduce any anxiety that the healthcare workforce may feel when working on the frontline. "This is part of helping these Australians to have peace of mind for themselves and their families while continuing their vital service to our community," she said. ...

Hundreds of thousands flock to early release

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
The Australian Taxation Office has confirmed over 361,000 Australians have registered their interest to access their superannuation savings early. Speaking to Financial Standard an ATO spokesperson said that while official applications for the COVID-19 ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... contributions into the system," Frydenberg said. "Superannuation funds cannot expect the government to both compel Australians to contribute 9.5% of their salaries and at the same time avoid their own contribution to this Team Australia moment." He added ...

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
Standing 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 ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... professional advice on the very serious issue of whether it is right for them to access their super early. "The reality is Australians are losing their jobs, those who have jobs might be having their hours cut, they're worried about their health, they're ...

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
Deloitte Access Economics is urging Australians to leave their concerns about the budgetary impact of Australia's response to COVID-19 at the door. New analysis by Deloitte Access Economics partner Chris Richardson shows Australians needn't be concerned ...

Asset devaluation continues

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen. Hostplus has devalued assets within its property and infrastructure portfolios by a range of 7.5%-10% depending on the individual ...

Time to step up or face the music

ALLY SELBY  |  THURSDAY, 2 APR 2020
... all aspects of a super fund's operations will be impacted." Prime Minister Scott Morrison's plan to allow Australians impacted by COVID-19 to access up to $20,000 from their super fund, among other hurdles, will test the industry, McMurdo said. ...