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Showing 481 - 490 of 1401 results for "Household"

FASEA rethinks CPD, provides exam update

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... travelled to affected countries. Obviously, financial advisers will not be able to sit the exam if they or a member of their household have travelled overseas within 14 days of the exam, has a confirmed case or has flu like symptoms. As for those worried ...

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... UK asset manager and financial services provider has acquired a 20% stake in a local specialised retirement funder. Household Capital announced the completion of series B financing with Legal & General. Existing and new investors joined Legal & General ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
Australia's financial regulators stand ready to take a range of actions to ensure the effective operation of financial markets, including the relaxation of some regulatory requirements and the acceleration of outstanding customer remediation. As ...

Australia narrowly avoids 0.9% GDP blow: KPMG

ALLY SELBY  |  MONDAY, 16 MAR 2020
The COVID-19 pandemic would have served Australia's GDP a 0.9% blow if it hadn't been for the government's $17.6 billion economic stimulus package, according to research released today by KPMG. The 0.9% near miss would amount to a $17 billion ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
The RBA has signaled it will begin quantitative easing after the US Federal Reserve implemented QE measures overnight and slashed its interest rate. The Fed's QE measures include a US$700 billion bond buying program, as part of its effort to offset ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... stock market sell-off suggest that so far these policy responses - fiscal and monetary - have so far failed to ease household, business and investor concerns. Worst, coronaphobia's now compounded by the oil price war. Certainly, the risk of a global ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... receive a one-off $750 stimulus payment, which will be tax-free and will not count as income for social security, farm household allowance or veteran payments. The government said the payments will begin at the end of March and over 90% are expected ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... drop in oil prices should be a balm for global economic activity reeling from coronaphobia. Cheaper oil prices raises household disposable income and lowers costs of running factories and businesses. Then again, until a COVID-19 vaccine is discovered ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... positive impetus for consumer spending and by extension, the economy going forward. However, a separate report showing that household spending fell for a fourth straight month (-3.9% year-on-year) in January indicate that Japanese consumers have been ...

Take pride in super: Rice Warner

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... paper authored by RBA deputy secretary Ellis Connolly, which indicates SG "adds significantly" to savings, adding to household wealth by between 70 and 90 cents for every dollar in super contributions, which demonstrates its level of cannibalisation ...