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Showing 521 - 530 of 2152 results for "Jobs"

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
The extraordinary COVID-19 stimulus package is in front of Parliament today, with what is expected to be a trillion dollar debt being scrutinised by politicians. Parliament met today to discuss the government's $130 billion JobKeeper payment, which ...

Stimulus is finite: Prime Minister

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
The Australian government has made public the modelling that is informing its COVID-19 response, revealing why the JobKeeper payment works off a six month timeframe. Asked at a press conference how the modelling was helping with the economic response ...

Super fund temporarily cuts fees

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... of uncertainty right now, particularly when it comes to superannuation. Pair this with an abundance of people losing their jobs, and it's clear that every extra dollar counts," Venkatesan said. "We're not simply deferring fees for six months ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... very serious issue of whether it is right for them to access their super early. "The reality is Australians are losing their jobs, those who have jobs might be having their hours cut, they're worried about their health, they're worried about their financial ...

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
... said. Overall, Richardson said the government's decisions are worth the debt. Pointing to the estimated 500,000 to 1,000,000 jobs saved by the government's stimulus packages, Richardson said it will be easier to grow the nation's economy on the other ...

Time to step up or face the music

ALLY SELBY  |  THURSDAY, 2 APR 2020
... face the music. Although it is impossible to predict exactly how the next few months will pan out; how many people will lose jobs, how many lives will be lost, how many businesses will crumble; it's likely a company's response to the coronavirus ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... from the Future Fund until at least 2026-27. Recent measures, such as early release from superannuation for people whose jobs have been affected by COVID-19 begs the question: should the Future Fund be called in? The early release allowances have raised ...

ACTU pokes holes in JobKeeper

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... ACTU boss said the council wants to ensure all casuals covered if they could have reasonably expected to work but lost their jobs at the hands of the pandemic. "Many of these workers may not have worked the last 12 months," she pointed out. "We also ...

ATO to verify early release requests

ELIZA BAVIN  |  TUESDAY, 31 MAR 2020
... navigate. Hostplus chief executive David Elia said the ERS scheme was well intentioned and would assist members who had lost jobs and found themselves in financial difficulties. "We support the federal government's policy to allow members to access ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... after the Morrison government's announcement of a $130 billion wage subsidy scheme to keep us, Australians all, in our jobs. According to the AFR, "this equates to "6.65 per cent of GDP. Total fiscal stimulus so far is $214 billion, or more than ...