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Showing 551 - 560 of 1693 results for "Industries"

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... 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 ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... currency-denominated earnings when they're translated back into home money. There's more! Domestic import-competing industries would also get a bump up as products sourced overseas become more expensive in local currency, encouraging consumers ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... extraordinary measures." He said the job keeper payments represent 70% of the median wage and 100% of the median wage in the industries hardest hit. Frydenberg said for people on minimum wage in tourism, hospitality and retail the $1500 payment will ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... House of Representatives, according to Morningstar. The stimulus package reportedly includes US$500 billion to fund industries impacted by COVID-19, US$350 billion in small business loans, US$250 billion in aid for those out of work, US$75 billion for ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... to fund, noting the specifics of each fund's membership base will determine the extent of the hit they take. "Some industries have been hit very hard, particularly tourism, retail shopping (apart from supermarkets), and hospitality," Rice Warner said. ...

Global hiring freeze for BlackRock

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
... suggest most firms have implemented hiring freezes and job losses are being reported in the hospitality and tourism industries," the note said. Lines outside Centrelink offices have already appeared as hundreds of thousands of people employed in hospitality ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... passing a US$2 trillion stimulus bill, which will provide financial assistance to unemployed Americans and distressed industries impacted by the coronavirus. The stimulus package reportedly includes US$500 billion to fund industries impacted by COVID-19 ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... in small business loans that can be forgiven if employees are retained; a $500B loan and loan guarantee program for industries, cities and states that with help from Fed can produce ~$4T in total liquidity; $150B for state and local stimulus funds; $130B ...

Times of turmoil create opportunities: deVere

ALLY SELBY  |  WEDNESDAY, 25 MAR 2020
... the tech-heavy Nasdaq Composite index which has done well, where other global indices have faltered," he said. "New industries will come into their own and, as ever, there will be winners and losers. "This will mean job losses in some sectors and huge ...

Industry fund boss exits

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... done a terrific job for our members and has been a passionate advocate on Media Super's involvement in our various industries. "Graeme is now well into recovery but has decided to ease back on work commitments." Russell said he was proud of the contribution ...