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Showing 251 - 260 of 732 results for "coronavirus"

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... temporary and should prevent a persistent drop in inflation expectations. Then again, the 'Victorian wave' of the coronavirus pandemic - which has spread to the state of New South Wales and recently, Queensland - would weaken consumer spending ...

Debt vulture crackdown welcome

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
One of Australia's big banks has cracked down on "debt vultures" - businesses or individuals that claim to assist those struggling with debt but actually rake in big fees. National Australia Bank said it will no longer deal with unlicensed, fee-charging ...

Queenslanders drain super: ISA

ELIZA BAVIN  |  WEDNESDAY, 29 JUL 2020
Industry Super Australia (ISA) claims 27% of Queenslanders with a super account have accessed the Early Release of Super (ERS) scheme; the highest proportion in the nation. ISA said over 145,000 Queenslanders have wiped out their retirement savings ...

Chief economist update: Gold 2000

BENJAMIN ONG  |  WEDNESDAY, 29 JUL 2020
... a whisper of gold catching up with its previous record high of US$1900.30/ounce it set back in September 2011. The coronavirus pandemic has changed all this. The price of gold has now soared to a new high of US$1964.05/ounce and sparking speculations ...

Goldman chief faces backlash over DJ set

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... illegal and reckless endangerment of public health." In New York alone, there have been nearly 30,000 confirmed cases of coronavirus, with 2500 deaths. It comes as Goldman Sachs reaches a US$2.5 billion deal with the Malaysian government over allegations ...

Investment strategies need to change: GSFM

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
A number of factors have contributed to the current economic uncertainty, and investment strategies need to adapt to the 'new normal', according to GSFM and its fund manager partners Payden & Rygel, Munro Partners and Redpoint Investment Management. ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... human rights and/or an infringement of civil liberties but China's aggressive and draconian policy response to the coronavirus outbreak continues to bear dividends. China's hard-fisted enforcement of quarantine and isolation measures - under ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
At the Financial Services Council Life Insurance Summit Senator Jane Hume has said "fake news" about consumers losing life insurance due to the early release of super has irritated her. Hume said consumers would not lose life insurance policies held ...

Repeat ERS applications hit one million

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
Over one million Australians have accessed the second tranche of Early Release Super as over $28 billion has been removed from the system. Over the week to July 19, 219,000 applications were received, of which 56,000 were initial applications and 163,000 ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
... bitten by the love bug may be lovelier the second time around but definitely not if it's a second bite from the coronavirus. Australia is currently in the midst of it. Now the second wave looks like it's come to Japan. According to Kyodo News ...