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Showing 681 - 690 of 1949 results for "Liquidity"

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... relief from the Early Release Scheme, as more Australians remain employed. However Ryan is adamant the well publicised liquidity issues facing super funds still persist, noting the specific profile of each fund would determine the extent to which it ...

Super funds must prioritise liquidity: Regulators

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... terms how it should deal with the ongoing impacts of COVID-19, with ASIC and APRA directing super funds to prioritise liquidity. In a joint letter sent to all registrable superannuation entities, ASIC commissioner Danielle Press and APRA deputy chair ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... recently cut its 7-day repo rate by 20 bps to 2.2% on 30 March and pledged to use multiple policy tools to maintain market liquidity. China's politburo announced that it would introduce more policies and measures to mitigate the fallout from the coronavirus' ...

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
... filled spreadsheet was March 30. Financial Standard understands that APRA hasn't queried funds specifically on the liquidity impact of early release withdrawals. However, about two weeks ago, it did query superannuation funds on their liquidity and ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... achieve the size and scale of the likes of AustralianSuper. Hume's comments come as the sector grapples with the liquidity considerations posed by the government's Early Release Scheme (ERS), which will see eligible Australian's allowed to ...

ATO to verify early release requests

ELIZA BAVIN  |  TUESDAY, 31 MAR 2020
... they have access to funds to meet daily costs for themselves and their families." Elia added that the fund has ample liquidity available to support members undergoing financial hardship. However, he did warn members to think carefully about the potential ...

Investors flock to TCorp floating rate note

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
... more floating rate note issuance as part of our funding source." TCorp said it remained committed to supporting the liquidity of its benchmark bond program "and to the end of its investor base during these exceptional times". In late February TCorp launched ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... Representatives Standing Committee on Economics chair, Tim Wilson, has called out super funds that have said they are experiencing liquidity issues, saying it is inconsistent with evidence previously provided to the committee. Many super funds have spoken ...

Diversification pays off for some, but not all: bfinance

ALLY SELBY  |  MONDAY, 30 MAR 2020
... report that they are wanting to rebalance to the usual asset allocation but finding that 'rebalancing is challenging'." Liquidity risk was seen as the key area of concern over the next few weeks among investors, with downside risk coming in second. Interestingly ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... depressed market prices. "For the 25% of funds which will lose up to 10% of their members, a reassessment of cash flow, liquidity and asset allocation will be critical," the firm said. The potential impacts of the policy aren't only confined to funds ...