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Showing 531 - 540 of 2152 results for "Jobs"

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... today announced $130 billion of spending over the next six months to support the livelihoods of Australians who lose their jobs and income as a result of COVID-19. The government anticipates as many as six million Australians could be left without income ...

COVID-19 spurs greater scrutiny of foreign investment

KANIKA SOOD  |  MONDAY, 30 MAR 2020
... months. The government will also prioritise any applications for investments that protect and support Australian businesses and jobs. "These temporary measures have been necessitated by extraordinary economic circumstances. Foreign investment is and ...

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
The government's plan to allow early access to super for those who have lost jobs and livelihoods as a result of COVID-19 is an enormous hurdle with a strict deadline - one that administrators admit they might struggle to meet. While early access ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... queuing outside their local Centrelink branches, many for the first time in their lives, having been stood down or lost their jobs entirely. Sure to cause some of the greatest upheaval for the financial services sector is the government's decision ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... unemployment could be lower - 8.4% and 8.5% respectively. "The epicentre of job losses is in services," Andrews said. "And these jobs are essential to the economy. They will bounce back once the virus cases lessen." He added that the Australian government's ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
Wall Street and most other equity markets welcomed reports that the White House and the US Senate have finally reached a deal to unleash a stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... clubs, bars and dine-in restaurants would have to close many Club Plus members are likely to have been stood down from their jobs and are facing an uncertain employment future. Club Plus chief executive Stefan Strano took to LinkedIn to share his thoughts ...

Why remediation jobs aren't short-term

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
The woman who ran BT Financial Group's advice remediation program has revealed what financial advisers need to know about remediation, and why some of the banks may make their remediation teams permanent. Melissa Bogg was program director and head ...

Early release to bite retirement hard

KANIKA SOOD  |  TUESDAY, 24 MAR 2020
... 40-year-olds, the loss in retirement savings will be about $100,000 and $63,000, respectively. "Some members will have lost their jobs or had their hours dramatically reduced and industry super funds will do all they can to help them," ISA chief executive ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... multi-billion dollar lifeline for small businesses when they need it most, to help keep the doors open and keep people in jobs." Bligh added that banks are putting fast-track approval processes to ensure customers receive the support as soon as possible. ...