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| | | ... confront the virus and is ahead coming out of the crisis," BlackRock said. "We estimate that China's domestic services industries have recovered about 80-90%, with people lining up for popular restaurants again." Ben Powell, chief investment strategist ... |
| | | | ... with the rate of new cases having reduced recently, the economy is taking on water. Businesses within customer focused industries such as hospitality and retail have shut down in many instances, causing unemployment and underemployment to rise from 2.16 ... |
| | | | ... the next two years. Hostplus is likely to have many members - the bulk of which work in the hospitality and tourism industries - who have been thrust into unemployment. On 9 April 2020, Hostplus updated its Product Disclosure Statement including a clause ... |
| | | | ... crisis and we're getting ahead of that," he said. "Equally, the default cycle will inevitably rise and as such certain industries and corporates will be downgraded, default and there will be permanent loss of capital." |
| | | | ... access to their money if they have been significantly impacted by the coronavirus." So many have been impacted by whole industries shutting down in response to COVID-19 that 360,000 registered with the Australian Tax Office to access their super early ... |
| | | | ... Bravura Solutions is a provider of software solutions for the wealth management, life insurance, and funds administration industries in 12 offices across Australia, New Zealand, United Kingdom, Europe, Africa, and Asia. Futurity is an independent and ... |
| | | | ... providing comments cited the COVID-19 virus," it said. "States continued to identify increases related to the services industries broadly, again led by accommodation and food services. However, state comments indicated a wider impact across industries." ... |
| | | | ... said V-shaped recoveries have been less common recently and, in the past, have been driven by interest-rate-sensitive industries. Zandi pointed out that rates were already low before COVID-19. "An L-shaped recovery would occur if fiscal policy is not ... |
| | | | ... planet." McMurdo said the pandemic has had a material impact on Australia's superannuation industry. "Like many industries, COVID-19 poses some immense challenges to Australia's super system - both long-term as well as immediate," McMurdo said. ... |
| | | | ... completely different view." The $52 billion superannuation fund, with its roots firmly in the hospitality and tourism industries, has been the target of much speculation following the government's announcement it would allow those whose employment ... |
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