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Showing 381 - 390 of 732 results for "coronavirus"

Complaints abound during COVID-19: AFCA

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
The Australian Financial Complaints Authority (AFCA) has received over 3180 COVID-19 related financial complaints since the pandemic was declared in March, with more than 600 directed at superannuation funds. Speaking to members at on online forum ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... The European Central Bank (ECB) launched a new €750 billion asset purchase programme in March in response to the coronavirus pandemic. The following month, it lowered the interest rate on TLTRO III - emergency lending to banks - and announced a new ...

Equities attractive in search for yield: Zenith

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
Australian equities have not been immune to the effects of COVID-19, with company earnings taking a material hit, despite the equity market rallying from its lows in mid to late March, according to Zenith Investment Partners. Zenith said a flow on effect ...

The future is fast arriving: BlackRock

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
... expectations and strategic allocations. That's according to think-tank BlackRock Investment Institute, which believes the coronavirus has accelerated and changed structural fundamentals. "The coronavirus shock is reinforcing structural trends and ...

Chief economist update: V could still become W

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
It had only been two months (three at most) when the coronavirus started infecting and slaying citizens of planet Earth. Under house arrest and in solitary confinement - forced upon society by social distancing measures and lockdown restrictions - it ...

Government offers guidance provision relief

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... "The changes announced today will make it harder to bring such actions against companies and officers' during the Coronavirus crisis and while allowing the market to continue to stay informed and function effectively." Separately, the Treasurer recently ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... especially as billions of dollars have already been withdrawn as part of the federal government's measures to deal with the coronavirus crisis. "As unemployment inevitably grows in the months to come, that will have an additional negative impact on funds ...

Sole purpose test poses SMSF rent relief issue

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test. Breaching ...

MetLife Australia partners with Foodbank

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
The life insurer and its philanthropic foundation will partner with Foodbank to provide 186,000 meals to Australians from July this year to next summer as COVID-19 increases the demand for food relief. MetLife Australia and MetLife Foundation's donation ...

USD exposure benefits investors: ETF Securities

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
Adding exposure to currency fluctuations can help to ensure investors' portfolios are well-diversified especially in volatile markets, according to ETF Securities. During a period where asset prices and exchange rates are fluctuating unpredictably ...