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Showing 661 - 670 of 6513 results for "News"

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Research from State Street found Australian savers have been more likely to check their super and change investment strategies during the COVID-19 crisis. Around 42% of Australian savers have been negatively impacted financially by COVID-19, according ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... State" - to learn how and how not to contain a pandemic. But jokes aside, the resurgence of the coronavirus in Victoria is bad news for the overall Australian economy. Victoria is now a pariah state, with the country's five other states and two territories ...

Morrison's legacy will be retirement poverty: ACTU

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
The Australian Council of Trade Unions has slammed the government's early release of superannuation program, saying that Prime Minister Scott Morrison's legacy will be a wave of retirement poverty. Following the second round of early release withdrawals ...

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
... survey is relevant. It covered the week in which the lock down was announced for Melbourne but the survey closed before the news of a significant cluster was reported for Sydney." Apart from the reimposition of lockdown restrictions in Victoria, restrictions ...

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views. That's according to the latest insights from Roy Morgan ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
The International Monetary Fund has predicted global public debt will rise to its highest levels in history as a result of the economic fallout from the COVID-19 pandemic. In the face of a sharp decline in global output, a massive fiscal response has ...

FASEA brings back remote tests

ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
As Melbourne has returned to a strict lockdown to battle a second wave of COVID-19, FASEA has responded by bringing back remote tests. "Following the reimposition of Stage 3 stay at home restrictions for metropolitan Melbourne and Mitchell Shire and ...

Australians without advice struggle in pandemic: Research

ALLY SELBY  |  FRIDAY, 10 JUL 2020
New research has revealed the true value of advice, as the mental and financial wellbeing of Australia's unadvised population suffers from the impacts of the COVID-19 crisis. Fidelity International's latest Pulse Survey, which gauged the mental and ...

FSU secures super pay increases

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... resulted in greater pay parity across the sector." Speaking to Financial Standard a spokesperson from Hostplus confirmed the news and said the deal has been approved by the Fair Work Commission. "As well as delivering for its staff a market competitive ...