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Showing 721 - 730 of 2129 results for "Financial Year"

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... returns for its balanced option. Despite the COVID-19 crash, this MySuper option has lifted 0.52% for the 2020 financial year. "We have been through an extraordinary health and economic crisis that severely affected domestic and global markets," AustralianSuper ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... outlook report predicts that: "Victoria's gross state product will contract 1.6 per cent in real terms this financial year, the worst of all the states", according to the AFR. We're all in this together. What happens in Victoria, unlike in Vegas ...

Alan Dixon steps down at Evans Dixon

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
... business. In its first half results for FY20, Evans Dixon reported net revenue of $103 million, down 7% to previous financial year's first half. Statutory NPAT was $2.1 million, down 83% from previous corresponding period's $12.4 million. This year ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
As the new financial year began, Treasurer Josh Frydenberg clarified the stimulus measures the government will use to assist Australians in the recovery from the COVID-19 pandemic. Tax relief for low and middle income earners came into effect from 1 ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Australian Financial Complaints Authority has reported a 13.7% rise in monthly complaints in the last financial year with most being about superannuation, insurance claims and credit. Australians in dispute with their super fund, bank, insurer or ...

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Australian Taxation Office's website crashed on the first day of the new financial year as Australians rushed to lodge tax returns and apply for the new round of ERS. The ATO said it was aware that a number of Australians trying to access its website ...

At least $70bn more in stimulus needed: Grattan

KANIKA SOOD  |  MONDAY, 29 JUN 2020
Australia will have to inject up to $90 billion of additional fiscal stimulus over the next two years if it wants to return the economy to full employment, a new report from Grattan Institute says. The $70 billion to $90 billion required accounts for ...

FASEA provides CPD relief

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUN 2020
... hold due to COVID-19 and advisers facing extra pressure amid market volatility, completing CPD by the end of the financial year has been a big ask for many. Advisers will be required to complete 40 hours of CPD in 12 months in future CPD years and may ...

Job vacancies up 15%: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
... 39% month on month and 52% year on year. "Historically, job ad volumes tend to ease off towards the end of the financial year but are followed by a quick boost in July and August when hirers have re-set their budgets," SEEK ANZ managing director Kendra ...

Administrators appointed to IPO Wealth

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... 101's concerns that fund assets would be sold in a fire sale as it attempts to wind up the fund. In an end of financial year update, Mayfair 101 chief executive James Mawhinney said the last couple of months "have not been without challenges" but ...