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Showing 41 - 50 of 95 results for "Financial stress"

Life insurance activity rises: MetLife

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
... Australia James Carey said the spike in interest in super and insurance was understandable, given the ongoing financial stress being felt by many as a result of COVID-19. "Our research found that half of Australians claim COVID-19 has had a negative ...

Time to buy residential property: Survey

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... mutual agreement," Kingsley said. "It's also clear that a significant percentage of investors were suffering financial stress due to their own loss of employment or reduction of work hours, at 36% of survey respondents, but were still able to meet their ...

Financial stress increases despite relaxed conditions

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... to latest research. The latest wave of the Melbourne Institute's Taking the pulse of the nation survey shows financial stress increased among Australians in the wake of the government's May 8 announcement that restrictions would be lifted in a phased ...

Frydenberg amends Corporations Act

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... Frydenberg has announced changes to the Corporations Act, in a bid to relieve Australia's public companies from financial stress over the coming months. The changes, enacted from May 5, allow companies to hold virtual Annual General Meetings, as well ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... coming months. "The banks face a substantial challenge in how they balance the competing needs of customers under financial stress with prudently managing capital to remain able to provide ongoing credit support to the broader economy," he said. Lower ...

Consumers looking for reassurance: MetLife

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... MetLife Australia said super funds and financial advisers have a significant role to play in helping ease the financial stress of their customers. "According to our research, 58% of people surveyed claim that COVID-19 has already directly impacted their ...

MLC waives licensee fees, delays dealer group transitions

JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
... provide training and support for transitions on or after 1 April 2020," Lloyd said. For those advisers suffering financial stress or hardship, Lloyd encouraged them to contact their licensee head to discuss options for support; "NAB is very much open ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... super fund, especially after the government allowed early access to superannuation for Australian's under financial stress amid the crisis. Calls for super release to borrow from RBA A University of Melbourne finance professor and Super Consumers ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... Research house Rice Warner has assessed the impact of the government's decision to allow Australians suffering financial stress to access their super early to be well above the $27 billion originally offered by Treasury. Rice Warner said that while the ...

Super scammers pose as authorities

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... spokesperson told Financial Standard the scams have increased since the government announced Australians suffering financial stress as a result of the economic impacts of COVID-19 could access up to $10,000 of their superannuation balance this year ...