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| | | Daily reports of the rising number infections and fatalities from COVID-19 are matched only by tightening restrictions on social interaction and the ever-increasing amount of money released from government and central bank coffers. How wide and far-ranging ... |
| | | | ... to funds, with Rice Warner commenting members were likely to gloss over several downside issues to withdrawing $20,000 tax-free from their retirement savings before retirement age, including the forfeiture of life insurance if a member leaves their super ... |
| | | | The current market corrections caused by the COVID-19 pandemic and subsequent shutdowns have sparked warnings from some not to forget the lessons of 2008 - especially, don't underestimate mortgage defaults. Thomas J. Barrack, a US private equity ... |
| | | | The world's largest asset manager has instituted a global hiring freeze amid the COVID-19 pandemic. "Right now, we are focused on serving our clients and making sure our people are safe, supported and productive as possible," a spokesperson for ... |
| | | | ... interest rate would not be "unreasonable" considering the current low interest rate environment, and would make the loans "risk free". "This solution has the advantage that super funds would not be dumping assets into already depressed markets," Davis ... |
| | | | The government's $10,000 early release from superannuation allowance is higher than historic withdrawals, but a better option than freezing the superannuation guarantee. Prime Minister Scott Morrison yesterday announced Australians will be able ... |
| | | | ... budget up to $1.2 billion over the forward estimates, with the government set to allow Australians to access the funds tax-free. Additionally, the release of super under these circumstances will not impact an individual's Centrelink or Veterans' ... |
| | | | "Whatever it takes and for however long it takes!" This is the collective battle cry of governments and central banks the world over as they try to calm nerves and get ahead of the coronavirus that's paralysed economic activity. Fiscal and monetary ... |
| | | | Global wealth management group deVere is responding to the COVID-19 outbreak by immediately launching a free, worldwide, contactless advice service. In an effort to ensure those seeking advice stick to global social distancing standards, deVere is launching ... |
| | | | ... dropping below US60c for the first time since 2003". But this time is different. The equilibrium-setting mechanism offered by a free-floating currency is worth zilch when trading partners even ban handshakes. Australia couldn't even give its products ... |
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