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Showing 781 - 790 of 3254 results for "CRIS"

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
Suggestions in response to the coronavirus pandemic that pausing superannuation contributions would stimulate the economy have been panned. Association of Superannuation Funds of Australia chief executive Martin Fahy was blunt in his assessment of the ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%. Nearly $140 billion was wiped from the S&P/ASX 200 yesterday, as ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
The International Monetary Fund has called on every government around the world to introduce substantial targeted policies to support the economy through the coronavirus epidemic. In a blog post, Gita Gopinath, economic counsellor and director of the ...

Advice important for family conscious: Perpetual

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
Only 15% of Australians who say they care about their family the most have an active relationship with their financial adviser, according to a study by Perpetual. Based on the research, Perpetual said it is clear that family is a priority for many Australians ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
Is this the stock market crash we have to have? The great reboot from the overvaluation in stock market prices prompted by cheap interest rates that punished savers and drove investors to go look where their capital could get higher returns? The global ...

Billionaire investor warns against buying the dip

ALLY SELBY  |  MONDAY, 9 MAR 2020
Billionaire investor and stock picker Alex Waislitz has warned investors to steer clear from trying to sell or buy market dips, as the coronavirus continues to batter markets. In his capacity as Thorney Opportunities chair, Waislitz wrote to shareholders ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
The Financial Services Union has lashed out at ANZ for plans to cut 230 jobs from its private bank and financial advice businesses. The FSU said that in a memo, ANZ told staff that it was committed to helping rebuild trust in the financial advice industry. ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
US stocks are not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment, according to Magellan's Hamish Douglass. Speaking to a near-full crowd at the firm's ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
When you read reports that police have tasered a man over an argument over toilet paper, you know that the coronavirus hysteria has come to Australia. This followed news of emptied toilet paper shelves at supermarkets that has now extended to "necessities" ...

Climate activism not translating to investing

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
Australia's care for climate change has not translated into how they invest their superannuation and other investment, according to research from Australian Ethical Investment. The research shows the vast majority of Australians (83%) believe climate ...