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Showing 41 - 50 of 1326 results for "Pandemic"

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... is the final service we provide them. During COVID, a sharp increase in member deaths and a significant impact of the pandemic on staffing numbers saw a backlog relating to the processing of death claims emerge," the spokesperson said. 'We recognised ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... that inflation has cooled, HSBC chief economist Paul Bloxham has examined which approach was better. "At the end of the pandemic, both Australia and New Zealand had similar-sized high inflation challenges. But the policy responses to these challenges ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... liabilities are not liquid," he said. Furthermore, Asher said the formula used did not work in 2020 during the Covid pandemic - when government bond yields behaved unpredictably due to quantitative easing and other factors. Challenger chief executive ...

AI's big moment? Not this year, says Fidelity

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... see its big breakthrough this year. Nevertheless, expectations for returns on capital are at their highest since the pandemic, according to Fidelity International's 2025 analyst survey. AI is expected to have minimal impact on corporate profitability ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... volatility they face. But there is good news. "We've got used to scenario planning. We're more nimble than we were pre-pandemic, higher for longer interest rates, higher US dollar, and potentially a steeper bond yield curve domestically," she ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI  |  TUESDAY, 18 FEB 2025
... working more than ever, but our overall output isn't keeping pace." He found that some of the policy responses to the pandemic contributed to the low unemployment rate, but productivity has paid the ultimate price for some of those policies. Further ...

Investment down as uncertainty rises

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
... at profits. "Many businesses have been able to pass on higher costs to customers. This kept profit margins around pre-pandemic averages. But total business profits fell over the past year, with large falls in the mining industry and smaller falls elsewhere," ...

Vanguard fined US$106m for investors' massive tax bill

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... redemptions, the Investor TRFs sold underlying assets with gains resulting from a rebound in the financial markets following pandemic lows. Consequently, Investor TRF retail investors who did not switch and continued to hold their fund shares in taxable ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... said. "The last time the Coalition were in power, they froze super and forced people to raid their super to get by in a pandemic. Now, they're talking about cutting super and getting workers to raid what's left for more expensive houses. "It's clear ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... 54.5%. "This was 0.5 percentage points higher than a year ago and 2.3 percentage points higher than before the COVID-19 pandemic," Jarvis said. "The rise in both the number of people employed and unemployed also saw a further rise in the participation ...