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Showing 51 - 60 of 78 results for "JobSeeker"

Sentiment weakens as macro threats loom

ALLY SELBY | THURSDAY, 21 MAY 2020

... of these measures ending. "We are becoming increasingly concerned about what will happen in Q4 when JobKeeper and the JobSeeker supplement, along with loan deferrals, come to an end," he said. "We estimate the stimulus, along with early superannuation ...

Australia approaches fiscal cliff: UBS

ALLY SELBY | WEDNESDAY, 20 MAY 2020

... of the COVID-19 pandemic but with end dates in sight, UBS has warned of an impending fiscal cliff. With JobKeeper and Jobseeker packages as well as debt deferrals scheduled to end, household cash flow spending would likely contract sharply in the fourth ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG | FRIDAY, 15 MAY 2020

... JobKeeper scheme has, no doubt, limited the nightmare scenario for the Australian labour market. This, together with the JobSeeker payments, should keep Australian household incomes afloat and therefore, mitigate a much sharper decline in consumer spending. ...

Road to recovery

ELIZA BAVIN | THURSDAY, 14 MAY 2020

... offsetting the loss from wages and salaries," she said. "The numbers are staggering. The combination of the increase in the JobSeeker, the increased eligibility to households cash payments being paid, has dwarfed the loss in income flows." "We're actually ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG | WEDNESDAY, 6 MAY 2020

... from a year earlier. The labour market outlook would have been worse had it not been for the Morrison government's JobSeeker payments that limited the issuance of pink slips. But even this isn't good enough. Treasurer Josh Frydenberg estimates ...

ERS top of mind for advisers

ELIZA BAVIN | MONDAY, 4 MAY 2020

... balances were hit by the volatility in financial markets. This was followed by enquiries about the federal government's JobSeeker payment and JobKeeper wage subsidy. AMP technical strategy manager John Perri said the government was making it relatively ...

Top adviser queries revealed

ALLY SELBY | THURSDAY, 30 APR 2020

... access to super and new social security measures. The queries included understanding the eligibility rules surrounding JobSeeker payments and supplements, which employers qualify for JobKeeper payments, how a reduction in account based pension minimums ...

ERS at risk of significant delays: ISA

ELIZA BAVIN | TUESDAY, 21 APR 2020

... claimants. In an update, the ATO said to be eligible a permanent resident must be eligible for a social security payment (jobseeker, youth allowance etc) or been made redundant, had working hours reduced by 20% or more or a 20% reduction in turnover ...

Liquid and ready: Cbus

ALLY SELBY | THURSDAY, 16 APR 2020

... liquidity position to deal with the early super release scheme. And this was the case even prior to the government's Jobseeker payment announcement, he said. "Cbus paid close attention to the lessons of the GFC. We have a very robust approach to liquidity ...

COVID-19 could end Centrelink stigma

ELIZABETH MCARTHUR | THURSDAY, 16 APR 2020

... late March. As the government shut down entire industries in its attempt to slow the spread of the virus, demand for JobSeeker (a rebrand of Newstart) unemployment benefits was so high that the MyGov website repeatedly crashed. The Prime Minister has ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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