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Showing 541 - 550 of 2161 results for "Extra"

ERS paused as AFP investigates fraud

ELIZA BAVIN  |  FRIDAY, 8 MAY 2020
Deputy Treasurer Michael Sukkar confirmed the ATO has paused requests for early release being sent to super funds, as the AFP investigates identity theft. Speaking to Sky News this morning, Sukkar emphasised that the ATO has not been compromised and ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... QSuper's board appealed unsuccessfully to the Federal Court about an AFCA decision asking the fund to refund a member extra premiums, Financial Standard first reported. As a part of its appeal, QSuper had challenged AFCA's jurisdiction over the ...

Early release applications top $9bn

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... 15,184 applications worth over $100 million to be processed. "About 3% of all applications, 4440, have been flagged for extra verification as part of the processes we have in place to keep members' money safe from fraud and money laundering," Rest ...

Lockdown measures cost $4bn a week: Frydenberg

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
... activities, designed to stop the spread of the virus, will see GDP fall 10% in the June quarter. The analysis found that for every extra week the current restrictions remain in place, the Australian economy will lose $4 billion. Unemployment is also ...

Asset consultant expands into retail market

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... as though there is premium attached to our brand, so it's about tailoring solutions for our clients, and that takes extra time," Lamborn said. "It's a very 'hands on' intensive business and we manage our business on a very long-term time ...

Early release of super numbers revealed

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
... majority will be paid by in the coming days within the five-day period." Over 7000 applications to Rest have been flagged for extra verification, with those members likely to see their wait time extend past the five day period. "Our administrator AAS ...

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
In one of the most tragic of COVID-19 consequences, the pandemic is driving Australians to ask their life insurers whether their policies cover them for suicide, the House of Representatives Standing Committee on Economic has heard. Appearing before ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
COVID-19 will shave off more than $3.5 billion from the banking and finance industry in lost wages and profits in the four months to July, according to Deloitte Access Economics. Deloitte Access Economics Partners partner Chris Richardson estimates ...

ANZ profits halve, dividend deferred

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
... 51% on the prior corresponding period. ANZ said credit impairment charges of $1.674 billion, including about $1 billion in extra credit reserves, is largely to blame. Valuations of investments in Asian associates was impaired by $815 million, ANZ said. ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... exports would remain at global recession levels, pushing our economy backwards," they said. "Adding to the case for enormous extra spending is the additional reality that business cycles are almost always asymmetric: the output lost in a recession isn't ...