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Showing 521 - 530 of 2027 results for "Application"

APRA warns of ERS second wave

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
APRA has warned it is expecting high volumes of applications for the start of the second tranche of COVID-19 Early Release of Super scheme. The regulator said it is expecting a second wave of applications as Australians rush to remove a further $10,000 ...

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... are unable to demonstrate your eligibility when we ask for evidence, we may revoke the determination issued for your application. "This means the amount paid to you under COVID-19 early release of super will become assessable income and need to be included ...

ERS figures hit $17 billion

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
The latest round of APRA data has revealed that $17.1 billion in early release of super (ERS) applications have now been paid. Billions are being withdrawn each week, despite COVID-19 restrictions easing in most Australian states. Last week $15.9 billion ...

ASIC refuses just 3% of AFSL relief applications

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... licence relief applications in the six month period that saw COVID-19 intensify. Outlining the regulator's relief application decisions in the six month period between October 2019 and March 2020, ASIC report 664 reveals most AFS licensing relief applications ...

Managed funds redemptions top US$62bn

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... valuation uncertainty and holdings with limited liquidity in managed funds. "We believe that the spate of suspensions and application of other extraordinary liquidity-management tools will lead investors to re-appraise the liquidity that mutual funds ...

First Nations Foundation gets COVID-19 funding

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
The First Nations Foundation, an Indigenous-led not-for-profit that promotes financial literacy, has received funding to deliver COVID-19 support to women. The foundation was one of only four recipients of this funding from the Department of Prime Minister ...

COVID-19 brings trading boom

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
New data shows sharemarket engagement has ticked up since the COVID-19 pandemic set in, as more Australians work from home. Latest nabTrade data reveals applications to the share trading platform increased 360% over the last quarter, with trading volumes ...

Another billion removed from super

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... demonstrate your eligibility when we ask for evidence, we may revoke the determination that we issued in respect to your application," the ATO said. This means the amount paid to you under COVID-19 early release of super will become assessable income ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... stopped applications and prevented super money from being released. "In other cases, we review circumstances after an application has been processed to ensure the integrity of the program." The ATO said through the Single Touch Payroll (STP) system it ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
The Australian Securities and Investment Commissions has asked 13 managed funds to fix their advertising, and is threatening the wider sector with enforcement action for misleading claims. ASIC says it forced seven responsible entities and 13 funds ...