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Showing 591 - 600 of 2823 results for "Push"

Stimulus, ERS pushes spending up 17%

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
New research has demonstrated the impact of the government's stimulus package and early release of superannuation program, with a sharp uptick in consumer spending. The data from illion and AlphaBeta, part of Accenture, found consumer spending in Australia ...

Opportunities in EM debt rebound: Eaton Vance

ALLY SELBY  |  TUESDAY, 21 JUL 2020
Despite the dramatic rebound experienced in financial markets during the second quarter, Eaton Vance believes there are still pockets of opportunity in the emerging market sector. Buoyed by central bank and governmental policy responses around the world ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
Liberal MP Jason Falinski has accused industry super funds of using the Google AdWords term 'retail super' after BT was fined for using the term 'industry super'. The subject arose as Falinski questioned ASIC during the Senate Parliamentary ...

Super-backed specialist centre opens in Hobart

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... facility is a huge step forward for dementia care in this country and puts Australia and Tasmania at the forefront of a global push to improve the quality of life of those living with dementia," she said. "We hope our investment in important projects ...

State Street cuts fees on flagship equities funds

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
State Street is dropping the fees on its flagship actively-managed equities funds by 9 to 13 bps for Australian investors effective July 1. The State Street Australian Equity Fundwill go from charging 79bps per year in management costs to 70bps. It ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
A Monash University lecturer has pushed the case for a GST holiday, which he argues is the most effective way to generate "maximum economic bang for the government's buck". In an opinion piece for The Conversation, economics lecturer Isaac Gross argued ...

Model portfolio growth up 70%

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
... explicitly ESG (environmental, social and governance) based. "We should expect this number to increase given the market's push for ESG products that is currently underway for managed funds and superannuation products." Rainmaker found 41% of managed ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... widening of the retirement gender gap, a lack of bipartisan support over the true purpose of superannuation, as well as a push towards investing for the world of the future (or a green-led recovery from the COVID-19 crisis). Of note, Frawley argued that ...

Super fund names head of portfolio design

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... for five years. Chief investment officer Sonya Sawtell-Rickson said the appointment was a crucial step in the fund's push to build new teams and capabilities for direct management of a growing, significant pool of assets. "Our new investment leadership ...