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Showing 621 - 630 of 6513 results for "News"

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... you may be entitled to recover compensation for product and advice commissions paid to those institutions," it said. The news comes as the government pursues a crackdown on class action lawsuits and the institutions that fund them. Treasurer Josh Frydenberg ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
Industry Super Australia has found some common ground with the Grattan Institute in regards to its report on the effects of the government's Early Release of Super (ERS) scheme. Part of Grattan's modelling found that millions who accessed the COVID-19 ...

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
New modelling from Grattan Institute found most Australians will have a comfortable retirement even if they have taken advantage of the government's early release scheme. The government recently extended the ERS scheme, allowing individuals who have ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
There's good news and bad news in the US labour market report for July. First, the good news: The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.8 million in July - more than market expectations for an increase ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... "beautiful one day, perfect the next")... and in the current setting, coronavirus-free. But unlike other winters' past, news.com.au writes that: "Thousands of Victorians are reportedly looking to flee the state for good, heading north to Queensland." ...

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
Senator Jane Hume has called out former Prime Minister Paul Keating over his criticism of the government's Early Release of Super scheme, calling him elitist. Taking to Twitter, Hume implied the former Prime Minister was part of an elite upper-echelon ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
The Labor party has referred the government's Early Release of Superannuation scheme to the Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review ...

Chief economist update: The V in recovery

BENJAMIN ONG  |  THURSDAY, 6 AUG 2020
Were it not for the "second wave" now doing the rounds in a number of cities around the world, the letter "V" would now be standing for "victory" against the war on COVID-19. The gradual easing of restrictions has unfrozen social and business activity ...

Big companies dig deep

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
Australian corporates have contributed over $150 million to support the community during COVID-19, according to new analysis form Strive Philanthropy. The research focused in on Australia's 50 leading corporate givers from its latest GivingLarge dataset ...

Cyber criminals jump on ERS

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
Reports of cybercrime increased significantly after the government announced the Early Release of Superannuation (ERS) and JobKeeper schemes, according to the Australian Competition & Consumer Commission. ACCC chair Rod Simms told the joint committee ...