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Showing 601 - 610 of 1755 results for "COVID"

Public sector super satisfaction rises

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
... funds run by the big four banks, coming in at 61.4%. Levine said the impact of the fall in stock valuations as a result of COVID-19 along with the government's early release of super scheme impacted members' satisfaction with their fund. "Together ...

Financial services eyes gig economy workers

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... skills that they can access on-demand, making the organisations far more innovative, nimble and cost-efficient," said Garvey. COVID-19 has spurred the need to work from home, and many studies such as Mercer's global survey, have shown that this arrangement ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... addition, the US unemployment rate which stood at 6.3% as at January 2021 remains far above the 50-year low 3.5% before covid-19, not enough to put upward pressure on wages and, by extension, inflation. Throwing so much greenbacks at the pandemic problem ...

SMSFs given small LRBA win

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... borrowing arrangement (LRBA) will not suffer adverse tax consequences if the loan interest has been capitalised because of COVID-19. This recent announcement by the Australian Tax Office was welcomed by the SMSF Association. SMSFA deputy chief executive ...

Financial services least trusted industry: Edelman

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
... Edelman Trust Barometer surveyed 33,000 people in 28 countries between October and November 2020. Edelman suggested the COVID-19 pandemic has deeply impacted consumer trust of corporates. For example, chief executive credibility was assessed to be at ...

Investors on red alert despite vaccines

KARREN VERGARA  |  MONDAY, 22 FEB 2021
Despite the promise and optimism of COVID-19 vaccines, professional investors continue to worry about the pandemic's economic impact, a global study of 400 reveals. Natixis Investment Managers' annual 2021 Professional Fund Buyer Outlook, conducted ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
... Three-in-five Australian publicly listed companies have either cut or withheld their dividends during 2020 as a result of COVID-19, a global dividend index shows. Between April and December 2020, Aussie firms either cut or cancelled dividend payments ...

Macquarie to profit off severe weather

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... previous year. However, Macquarie said the short-term outlook is subject to uncertain factors including the duration of COVID-19, the speed of global economic recovery and the geographic composition of income. As a result, the group maintains a conservative ...

Chief economist update: The vaccine has landed

BENJAMIN ONG  |  MONDAY, 22 FEB 2021
... fears... and hopefully snap lockdowns. Today, 22 February 2021, will go down in Australian history as VAC (vaccine against covid-19) Day (although Australian Prime Minister Scott Morrison and Chief Medical Officer Paul Kelly and 84-year-old Polish aged-care ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... that on an underlying basis, we would have achieved that this year on a statutory basis, except we took a provision for the COVID-19 as is appropriate," he said. "The shareholders will have to make their own decisions over time on what they want to do. ...