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Showing 701 - 710 of 1755 results for "COVID"

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... the Budget Papers 2020-21, this amounts to: "$98 billion in response and recovery support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan." The Federal Treasury unleashed stimulus onto the economy: "To ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... farewell a year that many will be glad to see the back of, check out Financial Standard 's most read stories for 2020. The COVID-19 pandemic underscores the majority of this year's most widely read stories, as unprecedented shutdowns and fiscal ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... in the midst of a pandemic. However, the financial services industry was relatively insulated from many of the impacts of COVID-19 felt by industries that were forced to shut down, like those in the hospitality sector or by frontline workers in healthcare. ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown. Total household wealth increased 1.7% to a record high of $11.35 trillion ...

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The residential real estate market has proved resilient in the face of the economic shutdown caused by COVID-19, according to CoreLogic's 2020 Best of the Best report. Australia's $7.2 trillion real estate market was upheld by the top end, with luxury ...

ATO backs SMSFs as strong retirement choice

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... experienced, both in terms of personal impacts and impacts on superannuation," Micale said. "In mid-March as the effects of COVID-19 became apparent, here at the ATO we shifted our focus from our usual mainstream compliance activities, to delivering ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... central bank continued to warn that the path of the economy will depend greatly on the measures taken to control the spread of COVID-19. "The ongoing public health crisis will continue to weigh on economic activity, employment, and inflation in the near ...

Redpoint wins $50m mandate

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
... fund manager partner GSFM's chief executive Damien McIntyre said the ongoing economic, social and health impacts of COVID-19 globally have reinforced the desire of many investors to consider investments focused on SRI. "Across our suite of fund managers ...

Xinja ceases banking

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
... account products and return its ADI license after what it said was an "increasingly difficult" year. "After a year marked by COVID-19 and an increasingly difficult capital-raising environment, and following a review of the market in Australia, Xinja ...

Personal finance app retires Australian business

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
A personal finance management app provider has been hit by several forces such as COVID-19, forcing it out of the Australian market. Moneytree will discontinue services in Australia from 15 January 2021. Moneytree LINK, a financial data platform for ...