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Showing 31 - 40 of 162 results for %22Corona Financial Crisis%22

Australians without advice struggle in pandemic: Research

ALLY SELBY  |  FRIDAY, 10 JUL 2020
New research has revealed the true value of 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 ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... 82.69 - its highest level of Factset's (1990), surpassing the 80.86 registered during the Great Recession and Global Financial Crisis of 2008. It was the best of times... Fast forward three months and every single index has rallied into a bull market ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... limiting long-lasting damage to our economy." This is what Powell stated in his prepared remarks before the Committee on Financial Services if the House of Representatives. However, Powell also warned that: "While this bounceback in economic activity ...

ESG continues to outperform: Research

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
... trillion assets under management (AUM) and 72% of New Zealand's total NZ$261.4 billion AUM," RIAA said. "The bulk of our financial institutions have made visible and public commitments to responsible investment, and at a minimum, integrate the consideration ...

History is repeating itself: Zenith

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... definite similarities between the Australian equity market drawdowns and subsequent recoveries of COVID-19 and the Global Financial Crisis (GFC), COVID-19 has proven to be the GFC in fast-forward. It said during this period we have seen the fastest bear ...

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... on inflation, alongside lower commodity prices. Additionally, the world is starting to see a "striking divergence" of financial markets from the real economy, with financial indicators pointing to stronger prospects of a recovery than real activity suggests. ...

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Financial professionals in the United States are optimistic about a market recovery, while pessimism is highest in the Asian region where professionals are forecasting double-digit losses, according to Natixis. In its most recent Natixis Investment ...

Charities call for further stimulus

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... executive Suzie Riddell warned charities would suffer disproportionately as they adapt to the new environment. "Our financial analysis shows that thousands of charities are at risk of closing and more than 200,000 jobs lost at a time when we should be ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... economist Bruce Hockman said this was the slowest through-the-year growth since September 2009, in the midst of the Global Financial Crisis. "[The data] captures just the beginning of the expected economic effects of COVID-19," Hockman said. The ABS ...

FSC calls for SMSF access to infrastructure

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... century, the National Cabinet faces the daunting challenge of creating jobs and getting Australia back to work - the financial services sector must be part of this critical recovery operation," the FSC said. The FSC developed a report, Accelerating Australia's ...