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Showing 291 - 300 of 1277 results for "Federal government"

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
News that the Australian economy may be opening sooner than previously thought saw the S&P/ASX 200 surge on Monday, with investors buying into heavily sold-off sectors. Today, markets have dropped on fears of a second wave, with news of fresh cases ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
... in Australia. Banking ranked 13 th of the 17 industries measured, with only social media, the media and the Federal Government lagging behind.

ERS shaves $4m off Raiz Super

ALLY SELBY  |  TUESDAY, 5 MAY 2020
The government's early release scheme shaved $4 million from Raiz Invest's superannuation offering, as members drew down on their savings to weather the COVID-19 crisis. Funds under management in Raiz Invest Super fell 6.7% over the past three months ...

Unemployment already over 15%: Roy Morgan

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... underemployment recorded by Roy Morgan is an improvement the 27.4% it recorded in last two weeks of March, before the Federal Government announced its JobKeeper package. However, Roy Morgan's April unemployment numbers is still much higher than the latest ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... retirement balances were hit by the volatility in financial markets. This was followed by enquiries about the federal government's JobSeeker payment and JobKeeper wage subsidy. AMP technical strategy manager John Perri said the government was making ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... even after allowing for the extraordinary support to families and businesses that has been rolled out by the federal government," Richardson said. "The pain of lost incomes isn't equally distributed. Not surprisingly, the deeper the lockdown impacts ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
AustralianSuper has already paid out close to $320 million to members under the early release scheme as it readies to release a further $330 million. The super fund said it has received requests from about 85,000 members so far, representing about $650 ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
The federal government on Wednesday took advantage of the low oil prices to establish Australia's first sovereign energy reserve, and superannuation funds can help, according to an expert. Energy minister Angus Taylor said the government will buy ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... the concern for industry funds and retail funds in particular is about how many Australians will take up the federal government's $20,000 super fund withdrawal option over the next six months," Levine said. "Industry funds based on employees in hospitality ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... are also in line for contractions in their respective economies. While the Reserve Bank of Australia and the Federal government's stimulus measures would help limit the negative flow-on impact on the Australian economy - as they did during the GFC - ...