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Showing 291 - 300 of 732 results for "coronavirus"

ERS surges $7bn in a week

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic. Treasury estimates a further $7 billion was wiped from super funds as the second tranche of applications ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... measures of the COVID-19 pandemic. "The global economy has experienced a severe downturn as countries seek to contain the coronavirus. Many people have lost their jobs and there has been a sharp rise in unemployment," Lowe said. "Leading indicators have ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
... all other Australian state governments have closed their borders with the infected state. This should help limit the coronavirus from migrating beyond the Victorian borders. Still, the rest of Australia will not be able to elude the economic drag from ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
... it's branded to be. Per capita (cases of infection as a percentage of population), Australia's total cases of coronavirus infection (0.033%) is not that far from New Zealand's (0.031%) and is heaps healthier than America's (0.9%) or Brazil's ...

APRA warns of ERS second wave

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
APRA has warned it is expecting high volumes of applications for the start of the second tranche of COVID-19 Early Release of Super scheme. The regulator said it is expecting a second wave of applications as Australians rush to remove a further $10,000 ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... Victoria, unlike in Vegas, won't remain in Victoria. Victoria accounts for the big, big bulk in the increased case of coronavirus infections in Australia -- as at July 5. Australia registered 8449 infected cases, 254 new ones and 104 deaths. Not ...

Pension fund suffers $235bn loss

JAMIE WILLIAMSON  |  MONDAY, 6 JUL 2020
... equity markets performed strongly during 2019 even under pressure from the US-China trade negotiations. The global coronavirus pandemic led to investors taking a risk-off stance."

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... Two Quarters. It was the worst of times... The virtual freezing of social and commercial activity in response to the coronavirus pandemic sent the US equity market's benchmark indices down sharply into a bear market in the first three months of this ...

LEI registrations double

ELIZA BAVIN  |  FRIDAY, 3 JUL 2020
Despite the ongoing impact of the COVID-19 pandemic, Legal Entity Identifier (LEI) registrations doubled in 2019/20, according to APIR Systems. APIR chief executive Chris Donohoe said in response to the increased demand APIR announced it was launching ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
As the new financial year began, Treasurer Josh Frydenberg clarified the stimulus measures the government will use to assist Australians in the recovery from the COVID-19 pandemic. Tax relief for low and middle income earners came into effect from 1 ...