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Showing 51 - 60 of 111 results for "Financial stress"

Pandemic proves value of advice: FPA

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... taken a different approach to improve their financial position with a further quarter revealing high levels of financial stress. The biggest stress factors were depletion of savings, job insecurity and loss of superannuation. One in five said they could ...

Interim insolvency protections extended

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... as a consequence." Carnell is advocating for a small business viability voucher program in which owners facing financial stress can obtain a voucher valued up to $5000 to access tailored advice on the state of their business. "The voucher would ensure ...

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... "Providing the community with guidance and support is at the core of IOOF. In the face of economic uncertainty and financial stress the value and importance of financial advice, for all Australians, has never been more evident."

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
... report recommends establishing a Small Business Viability Review program where small business owners experiencing financial stress receive a voucher for $5000 to access tailored advice to improve the operations of the business or to assist in winding ...

Schroders readies private assets offering

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... prices... [and] these companies typically have less leverage than larger companies, which is important in times of financial stress," Schroders Investment Management Australia alternatives director Claire Smith said. About 60% of the fund's assets ...

Government urged to extend stimulus

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... weigh on business investment," it said. "These headwinds are larger in the double-hit scenario due to prolonged financial stress, together with greater uncertainty, whereas confidence aids a faster recovery in the single-hit scenario." The report said ...

Life insurance activity rises: MetLife

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
... Australia James Carey said the spike in interest in super and insurance was understandable, given the ongoing financial stress being felt by many as a result of COVID-19. "Our research found that half of Australians claim COVID-19 has had a negative ...

Time to buy residential property: Survey

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... mutual agreement," Kingsley said. "It's also clear that a significant percentage of investors were suffering financial stress due to their own loss of employment or reduction of work hours, at 36% of survey respondents, but were still able to meet their ...

Financial stress increases despite relaxed conditions

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... to latest research. The latest wave of the Melbourne Institute's Taking the pulse of the nation survey shows financial stress increased among Australians in the wake of the government's May 8 announcement that restrictions would be lifted in a phased ...

Frydenberg amends Corporations Act

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... Frydenberg has announced changes to the Corporations Act, in a bid to relieve Australia's public companies from financial stress over the coming months. The changes, enacted from May 5, allow companies to hold virtual Annual General Meetings, as well ...