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| | | 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'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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | ... 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. ... |
| | | | ... 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 ... |
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