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Showing 621 - 630 of 3117 results for "Crisis"

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 ...

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
... cash offering has seen record interest as financial advisers look to safeguard their client's wealth amid the COVID-19 crisis. Speaking to Financial Standard, Macquarie banking and financial services head of payments and deposits, Olivia McArdle ...

Telstra issues 10-year bond

ALLY SELBY  |  FRIDAY, 17 APR 2020
... chief executive Andrew Penn said credit facilities demonstrated the financial strength of the company amid the COVID-19 crisis. "The bond issue and the additional bank facilities [demonstrate] the company's financial strength and attractiveness to global ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
... lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global macro policy research Amlan Roy, who argues the International ...

Australia versus the world

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... well-placed to avoid some of the 'exit' issues that stem from some of the policy measures given that it entered the crisis with relatively low public debt. "The RBA has been fairly cautious in its embrace of 'unconventional' measures," ...

COVID-19 could end Centrelink stigma

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... is stigma and negativity towards people who find themselves reliant on government assistance during a time of personal crisis or vulnerability," Johns told Financial Standard. "I hope people will be more empathetic now and demand better, more dignified ...

Top picks for dividends during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
UBS says the dividend dip in Australian stocks in the next year could be worse than the Global Financial Crisis, but six stocks are poised to pay good dividends. In 2008, dividends fell by $10.5 billion (or 28%) to $44.9 billion. But this time, dividends ...