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Showing 651 - 660 of 1871 results for "Young"

Millions jobless within weeks: Grattan

HARRISON WORLEY  |  MONDAY, 20 APR 2020
New Grattan Institute analysis estimates up to 3.4 million Australians could soon be out of work. The think-tank's latest analysis of the impact of the COVID-19 pandemic predicts that between 14 and 26% of Australian workers could be out of a job within ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The COVID-19 pandemic saw Australia's equity markets become a hive of activity throughout March, as self-directed investors moved to protect their portfolios from the crisis' economic fallout. Investment platform Self Wealth released its quarterly ...

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
Deloitte Access Economics is urging Australians to leave their concerns about the budgetary impact of Australia's response to COVID-19 at the door. New analysis by Deloitte Access Economics partner Chris Richardson shows Australians needn't be concerned ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... you're going to expect to pay out more on average than a Hostplus-type fund would by virtue of the fact that our members are young, low paid, and most come in under the $450 threshold," he said. "So, when you really look at the details of the data ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... industry, already facing unemployment. These funds now face a series of challenges at once: their members are likely to be young with lower balances, may be facing unemployment and are likely to be eligible to access $10,000 from their super this year ...

SMSFs in flashback to 2008

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
Self-managed super fund professionals and trustees may be feeling some deja-vu, as the same measures that were used in 2008 have been brought in to guide the sector through the COVID-19 pandemic. Terry Pinnell, chair of the Ethical Advisers' Co-op ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... of much of this volatility. "Every time it happens you are in a different place in your life. 1987 happened when I was a young trader," he said. "I had no money to invest in the market, so it hurt less personally, this time I am 33-years older and have ...

Sargon trustee businesses sale expected soon

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... the application of these funds and capital management plans," OVH said in company filings. About a month ago, Ernst and Young said it had found a buyer for the eight businesses across the Sargon Group, which own the superannuation trustee business, the ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... industry, already facing unemployment. These funds now face a series of challenges at once: their members are likely to be young with lower balances, may be facing unemployment and are likely to be eligible to access $10,000 from their super this year ...

Early release to bite retirement hard

KANIKA SOOD  |  TUESDAY, 24 MAR 2020
Australians who take out $20,000 from their superannuation due to the COVID-19 economic slowdown will sacrifice nearly $79,000 from their retirement nest eggs, according to new Rainmaker modelling. Rainmaker modelled after-fee, after-tax superannuation ...