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| | | Magellan chair and chief investment officer Hamish Douglass believes COVID-19 could lead to near total economic shutdown, but says his global equities portfolio is well positioned to withstand the current volatile environment. To reduce risk, Douglass ... |
| | | | The Financial Planning Association of Australia is keeping itself busy amid COVID-19 uncertainty, with chief executive Dante De Gori urging the government to consider moves to ease the pressure on retirees, just weeks after he had an audience with the ... |
| | | | The Australian Banking Association (ABA) has announced banks will defer loan repayments for six months for small business, as the nation introduces measures to combat the impact of COVID-19. The ABA said the move is designed to combat unemployment and ... |
| | | | "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 ... |
| | | | Afterpay has been the latest stock to take a significant hit in the current environment as investors are concerned those who buy now may not be able to pay later. The company finished 33% lower in yesterday's session, wiping around $1.5 billion ... |
| | | | JP Morgan Chase & Co has committed $86 million (US$50 million) to address global public health and long-term economic challenges from the spreading COVID-19 pandemic. It comes as the World Health Organisation reports 786 new coronavirus-related deaths ... |
| | | | The entire Ong household is now working from home. I still have two adult "babies" living at home but I'm not complaining, they pay rent and help with the household chores - home-made freshly-cooked dinners are gratis. We're one of the lucky ... |
| | | | Latest insights show the fortunes of the 2019 equities rally laggards have changed, having so far come out on top during the COVID-19 crisis. Asia and emerging market strategies have topped their diversified global equities counterparts amid the dramatic ... |
| | | | COVID-19, despite its obvious health hazards and hysteria-spooked market volatility, can actually be an opportunity for investors, enabling them to purchase the market's darlings at discounted prices. That's according to Paul Taylor, portfolio ... |
| | | | The federal government has announced a $17.6 billion economic stimulus package, as it ramps up its efforts to dodge a coronavirus-sparked recession. It comes as the World Health Organisation regrades COVID-19 to a global pandemic, with 118,326 cases ... |
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