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Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... be spooked by the ride. The snaking queue at Centrelink provides a picture (literally) of what we should expect when the next labour market is released. The lead from the latest NAB Business Survey points to the same thing and as if the virus has eaten ...

Top picks for dividends during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
UBS says the dividend dip in Australian stocks in the next year could be worse than the Global Financial Crisis, but six stocks are poised to pay good dividends. In 2008, dividends fell by $10.5 billion (or 28%) to $44.9 billion. But this time, dividends ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... COVID-19 economic and market turmoil. Australia in March allowed workers to withdraw $10,000 for this financial year and the next from their superannuation savings if their employment has been affected by COVID, in a move that was panned by the opposition ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... fund had not breached its disclosure obligations. "QSuper is considering the Federal Court judgement and the appropriate next steps. The member who took the original action has been credited with the amount AFCA found he was entitled to and has not borne ...

How wealth management must respond to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... world is part of what makes the crisis so unique. McKinsey now envisions two possible for scenarios for what might happen next. Either there will be a global slowdown in COVID-19 cases - and therefore an economic recovery - or the pandemic will continue ...

Boutique buys out Bennelong

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... capital and lowering volatility - timely offers for today's market," Bingham said. "We wish them well as they enter their next phase of growth and development." Bingham said that whilst this is a challenging time, there are a raft of new prospects ...

Westpac AUSTRAC bill continues to grow

ELIZABETH MCARTHUR  |  TUESDAY, 14 APR 2020
... maintained the bank is well positioned to respond to the volatile environment amid the COVID-19 pandemic. However, Westpac's next results are expected to include an impairment charge in anticipation of credit losses that it expects to incur from ...

Never say never to RBA help: First State Super

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... arrangement that we see the fund's assets used as collateral. "It's hard to predict exactly how it will play out over the next two to three years, but we feel very comfortable in our liquidity," Graham said. "But if we thought the broader system ...

What's next for income-focused funds

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... Hunting for dividends Plato Investment Management managing director Don Hamson expects dividends to fall by about 30% over the next 12 months, or higher or lower depending on how quickly the pandemic can be contained and shutdowns lifted. Plato's ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... Investment Trends research, which noted 26% of retail investors intend to increase their exposure to Australian equities in the next fortnight. Nabtrade director of investor relations Gemma Dale said the volatility excited investors on the bank's ...