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Showing 631 - 640 of 2995 results for "Problem"

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite. New analysis from KPMG shows superannuation trustees are facing three competing sets of problems as they deal with ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
The Australian Financial Complaints Authority will shift its dispute resolution approach, prioritising complaints that relate to COVID-19. The ombudsman said although COVID-19 complaints would be fast-tracked, the circumstances under which financial ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... authorities can only do so much to limit the economic fallout from the coronavirus. The clue is in tackling the root of the problem - the continued spread of infections that's scaring the beejesus out of consumers and businesses from spending. We'll ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... nationalising banks and other financial institutions got the world pass the global financial crisis a decade ago. The underlying problem then was the drying of liquidity that, if left to fester, would turn into a solvency problem. The problem now is ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... a very dire decent. "At the moment, our government has been too slow to act on these measures, but once they take the problem seriously we could see a turnaround in three to six months." Governmental action now could help save Australia's property ...

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... ETF. Together they had about $63 million in assets at February end. ETFs that don't attract enough investors are a problem for issuers. In January, BlackRock shut a Taiwan stocks ETF which had only $5.65 million in assets. A 2019 report from Rainmaker ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... action by ASIC earlier this week, announcing it would pursue Commonwealth Bank in the Federal Court over lending to a problem gambler and its AgriAdvantage Plus Package.

CBA in court over RC case studies

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... has commenced proceedings against Commonwealth Bank over the AgriAdvantage Plus Package and credit services provided to problem gamblers. Both cases were Royal Commission case studies and are being pursued by the regulator in the Federal Court. ASIC ...

Australia narrowly avoids 0.9% GDP blow: KPMG

ALLY SELBY  |  MONDAY, 16 MAR 2020
The COVID-19 pandemic would have served Australia's GDP a 0.9% blow if it hadn't been for the government's $17.6 billion economic stimulus package, according to research released today by KPMG. The 0.9% near miss would amount to a $17 billion ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... hurt centres in Australia's regional areas because of this summer's devastating bushfires, but has now become a problem for retail shopping centres across Australia as coronavirus fears have risen," Yoong said. "China is Australia's biggest ...