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Showing 411 - 420 of 1565 results for "Offset"

Extended lockdown could spur worst recession on record: Grattan

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
A six-month lockdown could spur Australia's worst recession since the Second World War, if not the Great Depression, according to the Grattan Institute's Brendan Coates. In an op-ed for The Conversation, the Institute's household finances program director ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... streams in a missive he fired off to government last week. De Gori said retirees should be afforded the "opportunity to offset some of the losses they had incurred through the market falls and strengthen their financial security for the remainder of ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... their super funds instead of taking account-based pensions and annuities. "This choice allowed retirees an opportunity to offset some of the losses they had incurred through the market falls and strengthen their financial security for the remainder of ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... billion package to support businesses. British Chancellor Rishi Sunak said the government will do "whatever it takes" to offset the economic impact caused by the virus, with Johnson promising to put the country on a "wartime footing". New Zealand's ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... volatility, the ups and downs of the markets. The idea being that, when something goes up, another thing may go down, and offset each other partially," he said. "That idea of having a superannuation option where you've got property, and infrastructure ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... slashed its interest rate. The Fed's QE measures include a US$700 billion bond buying program, as part of its effort to offset the effects of the coronavirus outbreak. The Fed said "the coronavirus outbreak has harmed communities and disrupted economic ...

Link's superannuation arm takes a hit

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... strong." McMurtrie said the result demonstrated the benefits of geographic business diversification, which he said helped to offset headwinds in Link's UK corporate markets and retirement and superannuation solutions arms. "Link Group's business units ...

Evans Dixon slashes staff

ALLY SELBY  |  THURSDAY, 27 FEB 2020
Embattled wealth manager Evans Dixon has revealed it fired 20% of its staff, as it reports its underlying earnings were down 22% for the half-year to $20.8 million. The firm cut 14% of its staff in its wealth advice business, 5% of its E&P business ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
The Australian Bureau of Statistics' (ABS) reported that the economy added 13,500 jobs in January - more than market expectations for an increase of 10,000 - with the creation of 46,200 full-time positions more than offsetting the termination of ...

Profits down as Perpetual looks to future

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
... advisers, which grew by 24% in the last year. Net outflows of $1.5 billion buffeted Perpetual Investments, which Adams said was offset by elevated markets. The second quarter saw the firm return to positive flows, as cash and fixed income ballooned to ...