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Showing 621 - 630 of 3123 results for "Crisis"

The domino effect: Oil falls, markets follow

ALLY SELBY  |  TUESDAY, 21 APR 2020
Despite all the jaw dropping falls that investors have endured during the COVID-19 crisis, the US oil price crash overnight may just be the worst. The price of West Texas Intermediate crude oil for May plunged more than 190% during trade on Monday ...

Regal Atlantic fund down 58.6%

KANIKA SOOD  |  MONDAY, 20 APR 2020
... 23.1% in net annualised returns since its inception about 16 years ago. But performance has struggled during the COVID-19 crisis. The Atlantic Absolute Return fund has now lost 70.3% of its assets since the start of the calendar year, after accounting ...

SuperFriend bolsters support offerings as demand peaks

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... the sector. The organisation said call centre staff working across superannuation accounts are heavily impacted by the crisis, particularly as they deal with a flood on inquiries from super fund members aiming to gain early access to their retirement ...

Millions jobless within weeks: Grattan

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... occupations and industries most affected by the response to COVID-19. Ultimately, the institute believes the impact of the crisis on employment and economic activity could be even greater than even it estimates, once the second round economic impacts ...

Recruitment, salaries slide in financial services

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... users found that 36% had experienced a drop in wages or salaries and that 52% have reduced personal spending since the crisis took hold.

Increased customers, incoming crypto: Raiz

ALLY SELBY  |  MONDAY, 20 APR 2020
... cryptocurrency exchanges in the world". The firm thanked its customers for putting their trust in the platform amid the COVID-19 crisis, with its total customers and activity increasing during the March quarter. "For this outcome we can only offer you ...

Law firm cuts pay

ALLY SELBY  |  MONDAY, 20 APR 2020
... their pay reduced by 10-15%, as the ASX-listed legal powerhouse moves to strengthen its balance sheet amid the COVID-19 crisis. Slater and Gordon's directors, chief executive and executive leadership team will face reductions to their base pay over the ...

Advisers adapt as crisis unfolds

ALLY SELBY  |  MONDAY, 20 APR 2020
... through this period." Australia's advisers have embraced innovative solutions to continue serving their clients during the crisis, he said. "Advisers are being innovative to stay connected to their clients and deliver compliant advice, for example making ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... China's double-digit GDP growth (at the time) shielded Australia from the Great Recession of 2008/09 and the Asian financial crisis a decade earlier. China's slow early return to business as usual offers hope that Australia may be able to again skip ...

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
... on industry super funds to invest in failing businesses, like Virgin Australia, to help sustain them during the COVID-19 crisis. Speaking on the ABC, Prime Minister Scott Morrison said industry super funds should be doing what they can to support businesses ...