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Showing 621 - 630 of 1656 results for "Workers"

Industry fund swaps insurers

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... cover, while weekly general cover for both death and TPD will be $1.459. These rates are slightly lower for white collar workers or professionals, as $0.740 per week for a unit of death cover, and $1.179 both death and TPD. Members with death and/or ...

Superannuation startup launches raise

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... followed by an institutional one next month. GigSuper is about two years old and caters to the subset of self-employed workers, of which it says there are 1.3 million Australians with $88 billion in superannuation savings. The fund was founded by former ...

Unemployment already over 15%: Roy Morgan

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... economic and employment landscape will start to normalise but with a much larger pool of unemployed and under-utilised workers there will be a far more competitive jobs market for employers to pick from. There will be no 'snapback' which means all, or ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... still open, but its incomes are set to fall $5 billion short in the next few months. It is struggling to get some of its workers onsite, as they'd ordinarily fly into remote locations for short stints from out-of-State. But they can't cross those ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
... pay dearer prices for products and services; businesses are no longer engaging in discounting to improve market share; workers and pensioners (whose wages and pensions are indexed to the CPI would be getting more); and, in macroeconomic sense, the threat ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... "A broad take-up could also engender the political support needed to extend JobKeeper to more than one million casual workers, and temporary visa holders and students. "Denying people who could contribute to Australia's economic recovery the opportunity ...

ANZ accused of exploiting staff

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
... the annual leave request is in the best interest of staff members as the bank attempts to avoid redundancies or standing workers down. Staff have not been asked to take unpaid leave or pay cuts, a spokesperson for ANZ confirmed. "This will help us manage ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... funds based on employees in hospitality and retail industries are particularly exposed to this policy as many of their workers have been stood down in recent weeks as Australia fights the COVID-19 coronavirus pandemic. "A majority of industry funds had ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... and its corporate sector. The US labour market has already deteriorated markedly just weeks into its lockdown - 701,000 workers lost their jobs in March and the unemployment rate jumped by nearly a percentage point to 4.4% from 3.5% in February. Based ...

Adequacy argument headlines online CMSF

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... said. "We can change a lot of macroeconomic policy settings and a lot of settings around industrial relations to enable workers to get higher wages now. "And at the same time, we can enable them to save more for an adequate retirement, and really this ...