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Showing 711 - 720 of 1755 results for "COVID"

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... in accounting software provider Accloud. In April, Mayfair 101 Holdings failed to make payments on its loan - blaming the COVID-19 pandemic's impact on markets for a lack of liquidity.

COVID-19 lockdown swells financial stress

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
New research reveals there is high correlation with COVID impacted industries and early super release applicants. AMP's latest research on financial stress found the two of industries most impacted by COVID-19, hospitality and retail, have the most ...

UK fund manager eyes Australia

KARREN VERGARA  |  MONDAY, 14 DEC 2020
... family-office clients, it sees a growing appeal to institutional clients, who seek strong and differentiated returns in the post-COVID world. "With many markets now back at all-time highs and interest rates at zero, a conventional mix of assets is unlikely ...

GE, Cheesecake Factory pursued for disclosure violations

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... December 4, the SEC announced it would be charging the Cheesecake Factory for misleading disclosures in relation to the impact COVID-19 has had on its business. The restaurant chain stated that its restaurants were "operating sustainably" during the ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
Self-managed superannuation funds have not been spared by the market impact of COVID-19, with members dumping their allocation to listed shares over the past year, new data shows. The Australian Taxation Office quarterly statistical report for September ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... wherewithal to spend and/or borrow to spend - and the motivation to spend, and its name is confidence. Thanks to us too, ordinary COVID-19 threatened Australians, for unlike in the US of A where government health directives - to as simple as wearing ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
... government, itself, is not entirely convinced that the economy's rebound can be sustained, especially given the third wave of COVID-19 infections in the country. The Suga administration's concern is underscored by the recent announcement of a ...

Vision Super increases premiums

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... factors, including government changes (PMIF and PYS reducing the insurance pool), an increase in claims, and the impact of COVID-19. Vision Super has also altered the definitions of TPD, moving away from the controversial "activities of daily living" ...

Cbus expands clean-energy holdings

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... been accelerated by the pandemic, such as digital connectivity, liveability and sustainability. "The disruption caused by COVID-19 has rapidly changed the way businesses operate, with increased reliance on technology and innovative business models as ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
... of the world. Worldometers.info data show that the US remain in pole position to date. It accounts for 22% of total world COVID-19 cases of infections and around 19% of total deaths. This has prompted a growing number of states to reimpose restrictions ...