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Showing 461 - 470 of 3117 results for "Crisis"

Optimism, resilience high on the recruitment checklist

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... need to display qualities of optimism, self-motivation, resilience and mental agility to nab a role during the COVID-19 crisis. That's according to specialist recruiter Super Recruiters, who argue a second wave of COVID-19 will bring with it a raft of ...

Morrison's legacy will be retirement poverty: ACTU

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... have accessed their super to pay bills was because government had not done enough to support workers through the COVID-19 crisis. "A 25-30 year old who withdraws $20,000 over these two years will be $79,000- $95,000 worse off by retirement," Connolly ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis. Citigroup saw its net income dive 73% from the previous period, driven by a substantially higher allowance for credit ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... out of the woods. Even as many countries tentatively exit the Great Lockdown, in the absence of a solution to the health crisis, huge uncertainties remain about the path of the recovery," the IMF said. "The top priority is still public health. Policies ...

Australians without advice struggle in pandemic: Research

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... advice, as the mental and financial wellbeing of Australia's unadvised population suffers from the impacts of the COVID-19 crisis. Fidelity International's latest Pulse Survey, which gauged the mental and financial wellbeing of 200 advised and 220 unadvised ...

Capital raisings, trading volumes up in June

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... raisings by ASX-listed companies increased 256% to nearly $26 billion during June, as they cashed up to weather the economic crisis. The ASX's monthly activity report for June revealed initial capital was up 815% at $16.5 billion compared to the same ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... time, consolidating debt, or a combination of these methods. Over 800,000 loans have been deferred during the COVID-19 crisis. "This next phase of bank support will avoid a 'cliff' for customers in September and give them the breathing space they need ...

Private equity weathers COVID-19 crisis: Research

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... consultant Willis Towers Watson has found that private equity investments have weathered the impact of the COVID-19 financial crisis, despite a subdued environment for exit deals in the first half of the year. In a survey of 36 private equity funds with ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... return in 20 years, and the first negative benchmark return since the GFC, Dunnin said. Despite the COVID-19 financial crisis savagely impacting fund returns in February and March, the index is effectively back to where it was just 12 months ago, he ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... Australia's state and territory governments, PwC said. Yet, Gross argues that a GST holiday would be a progressive answer to the crisis, encouraging even the poorest households to consider buying future purchases in the present. "Calculations by Peter ...