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Showing 331 - 340 of 1328 results for "AFFECTED"

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... COVID-19 measures in parts of the country disrupted business operations and hit demand, with the service sector particularly affected. New order inflows dropped after two months of growth while employment contracted at a steeper rate. Inflationary pressures ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... linked to the RBA interest rate. The option maintains substantial estate and withdrawal benefits, and for asset test affected clients it could improve Age Pension eligibility and outcomes. "This is a smart new defensive solution for providing income ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... effects on the rest of the economy. Banking, insurance, farming (to name a few) and the personnel they employ would be affected. It then becomes a vicious circle where consumers, fearing loss of income and/or lower wages, save rather than spend. Less ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... moving the members wrongly charged 'smoker' rates to non-smoker or blended rates. "Many have decided to refund affected members, in part or in full, for the higher insurance costs," Press said. "When planned remediation is complete, more than ...

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... Australia event. Keating said the scheme had come at a huge cost to individual's retirement savings, and particularly affected low-income earners.

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... (when they stood at $61.6 billion) as net inflows slowed in both retail and institutional markets and COVID-19 volatility affected performance. Of the total $3 billion in net inflows for the 12 months, $2.1 billion was in the institutional market and ...

Invesco inks ESG plan

ANNABELLE DICKSON  |  MONDAY, 3 AUG 2020
... levels and suggests the aggregate valuation impacts would be negative. In this scenario, equity valuations are worse affected than debt valuations and would drop around 4%. Corporate debt valuations would be less negatively impacted as they are more ...

AMP, BT and CBA to face class action

ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... way that was unfair and illegal," Shine class actions practice leader Craig Allsopp said. "The sheer number of people affected by these premium rorts shows we're not just talking about a few bad apples here but a systemic misconduct in the industry." ...

Banking crisis more likely in conflicted countries: IMF

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
The odds of a country suffering a banking crisis are 2.5 times higher if it is affected by a conflict, according to research from the International Monetary Fund (IMF). IMF economist Rasmane Ouedrago and senior resident representative in South Africa ...

Momentum, quality outperform in 2020: S&P

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... market sell-offs. "According to the factor attribution, both the style factor exposures and stock-specific risk positively affected the return of the S&P/ASX 200 Low Volatility Index," she said. "However, the strong industry bias to REITs (one of the ...