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| | | ... combination of a lack of regular income streams, as well as perhaps the added stress of having adult children who have lost their jobs as a result of the pandemic means this segment is shouldering a lot of the burden. "I'm very conscious that this is ... |
| | | | IOOF has announced a new initiative that will see its network of financial advisers offer free financial guidance to local communities until the end of September. IOOF said it is providing fee relief to its advisers to volunteer 60 hours of their time ... |
| | | | 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 ... |
| | | | ... contain a pandemic." He cited last week's Australian Bureau of Statistics data which showed 600,000 Australians had lost their jobs in April and another 750,000 had been stood down (or were on zero hours). "Total hours worked in Australia fell by an ... |
| | | | ... insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if people lost their jobs or were stood down or working less hours as a result of COVID-19. The initiative, announced on Tuesday, will see insurers ... |
| | | | With investors caught in a nasty tug of war between the dire economic reality and the hope of a virus cure, industry leaders have warned of the potential for further downside. And with macro threats looming, markets, already fragile from a period of ... |
| | | | ... the path to economic recovery," the Melbourne Institute said. "Satisfaction with government economic policies to support jobs and keep people at work has been steady throughout the six waves of this survey (average of 66%). Wave six showed a slight shift ... |
| | | | ... said. However, this data may modestly overstate the change in employed people - as nearly one million people work in multiple jobs. "Today's payrolls data implies job losses of only ~22k in the two weeks to May 2, for a ~100k decrease in the May ... |
| | | | ... companies rethink and redesign their workforce amid the current uncertain environment. Based upon the firm's 'reinventing jobs' methodology, WorkVue will enable businesses to "deconstruct jobs, evaluate work alternatives - across technology, employees ... |
| | | | ... made it crystal clear that your part of the industry cannot afford further uncertainty, and that this uncertainty will cost jobs if not remedied," FSU national assistant secretary Nathan Rees said. "Australians are looking for political parties to work ... |
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