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Showing 571 - 580 of 1756 results for "Covid"

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
... Kirkland said. "Repealing safe lending laws is an extraordinary thing to do when many Australians are struggling in the wake of COVID-19. "If passed, this will be the biggest handout to the banks we've seen in decades. This is a time for the Senate to ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... merger will be delayed, owing to difficulties in conducting due diligence while staff are working remotely as a result of the COVID-19 pandemic. "Due diligence activities regarding our merger with Sunsuper are continuing (although remotely)," QSuper ...

Chief economist update: Japan to double down on stimulus?

BENJAMIN ONG  |  MONDAY, 15 MAR 2021
... the 2001 US recession, the 2007-2009 Great Recession, the 2010-2012 European sovereign debt crisis and lately, the 2020 COVID-19 pandemic. Sure, like most other economies Japanese growth has rebounded - by 5.3% in the December 2020 quarter - after recording ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... government's early release scheme, to allow Australians to access up to $10,000 from their super if they had been impacted by COVID-19, was also the wrong policy decision. "I would have preferred that money had come from the government - which means ...

REITs extend performance struggles

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
... Australia's listed property sector continues to languish from the effects of the global pandemic, slumping 14% compared to its pre-COVID-19 performance. Rainmaker's Wholesale Managed Funds Performance Report found that equities delivered a mixed ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
The onset of COVID-19 led to a sharp increase in the number of scam-related financial complaints, according to new data from the Australian Financial Complaints Authority (AFCA). AFCA's half-year statistics revealed scam-related complaints made up 23% ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... end of JobKeeper and coronavirus supplements to welfare recipients at the end of this month. She'll be right, mate! COVID-19 - and its variants - have been virtually vapourised in Australia but to be safe(r), vaccines have been rollin' rollin' ...

Business investment slow to click into gear: Lowe

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... uptake of business investment in Australia, which he said is slowing economic recovery. Lowe said a durable recovery from COVID-19 requires a strong and sustained pick-up in business investment. "Not only would this provide a needed boost to aggregate ...

Women need to rebuild super: AMP

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... they're more likely to find themselves living below the poverty line in retirement." Anderson said that while near-term COVID-19 challenges remain, women need to focus on replenishing their retirement funds. "The message I want to share for those women ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... and our noteholders that ASIC used the excuse of our redemption freeze to justify taking us to Court in April last year. COVID-19 had just gripped the world," he said. "We were entitled to suspend redemptions. The irony is that on 26 August 2020 ASIC ...