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Showing 301 - 310 of 732 results for "Coronavirus"

Favour turns to active management

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
Amid the market volatility the COVID-19 pandemic ushered in, a new survey has revealed that sentiment is turning in favour of active investment management. The Natixis Investment Managers survey found that 79% of finance professionals globally and 78% ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
... Australia since the end of the first World War..." This was how Australian Prime Minister Scott Morrison described the coronavirus outbreak shortly after the World Health Organisation (WHO) declared it a pandemic in mid-March as the Federal government ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Australian Financial Complaints Authority has reported a 13.7% rise in monthly complaints in the last financial year with most being about superannuation, insurance claims and credit. Australians in dispute with their super fund, bank, insurer or ...

Super reform should happen, but not now: Grattan

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Grattan Institute has warned that now is not the time to enact sweeping reforms as the nation battles the economic effects of the COVID-19 pandemic. Chief executive of the Grattan Institute John Daley said policy priorities need to reflect the new ...

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Australian Taxation Office's website crashed on the first day of the new financial year as Australians rushed to lodge tax returns and apply for the new round of ERS. The ATO said it was aware that a number of Australians trying to access its website ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... good year for equity market investors - it's gonna be a good, good year... until COVID-19. Efforts to contain the coronavirus pandemic have prompted governments everywhere - except Sweden - to impose social isolation and business lockdown measures ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... is because, he notes: "The crisis was met by swift and forceful policy action across the government, including the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This direct support is making a critical difference not just in helping ...

Rest names chief investment officer

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... that generate strong long-term returns for our members and can support Australia's economic recovery from the coronavirus pandemic." Prior to taking on his current role in 2018, Lill served as chief investment officer of Morningstar's Asia Pacific ...

ERS figures hit $17 billion

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
The latest round of APRA data has revealed that $17.1 billion in early release of super (ERS) applications have now been paid. Billions are being withdrawn each week, despite COVID-19 restrictions easing in most Australian states. Last week $15.9 billion ...

At least $70bn more in stimulus needed: Grattan

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... billion to $15 billion cost) and including temporary migrants and casuals in the program ($3 billion), phasing down the Coronavirus Supplement more gradually after the JobKeeper is removed ($10 billion to $15 billion), adding a catch-up loading for schools ...