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Showing 791 - 800 of 3396 results for "ABS"

Centrepoint executives depart, pay cuts implemented

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
Centrepoint Alliance has announced two of its executives will depart as the rest of the leadership prepare for 20% pay cuts. Centrepoint Alliance's acting chief financial officer Peter Loosmore has left the company, effective yesterday. Centrepoint ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... that indicates further deterioration in the labour market going forward. Similarly, the Australian Bureau of Statistics' (ABS) "International Trade in Goods and Services, Australia, Feb 2020" report underscores the trade effect of the coronavirus. ...

Melbourne fund tightens redemptions amid COVID-19

KANIKA SOOD  |  FRIDAY, 3 APR 2020
A Melbourne boutique has moved its real estate and infrastructure fund from daily redemptions to monthly, citing COVID-19 volatility and drawdown. Newgate Capital Partners wrote to investors on Wednesday, informing them of the changes in the Newgate ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Panicked, stressed people are making rash decisions and falling victim to scams as they navigate the economic fallout of COVID-19 - but compliance has left some financial advisers and service providers feeling hamstrung in helping. Meg Heffron, managing ...

Return of the king

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Holding cash as part of your portfolio may not be sexy, but in uncertain times investors are rushing back to old faithful. In January this year, Financial Standard published a piece on cash management and all those who held cash also held the same mentality ...

Extended lockdown could spur worst recession on record: Grattan

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
A six-month lockdown could spur Australia's worst recession since the Second World War, if not the Great Depression, according to the Grattan Institute's Brendan Coates. In an op-ed for The Conversation, the Institute's household finances program director ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
Prime Minister Scott Morrison today announced $130 billion of spending over the next six months to support the livelihoods of Australians who lose their jobs and income as a result of COVID-19. The government anticipates as many as six million Australians ...

Investors flock to TCorp floating rate note

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
TCorp has increased issuance into its 2025 floating rate note, as investors seek shelter from the COVID-19 pandemic and its impact on financial markets. With the COVID-19 pandemic continuing to impact financial markets, New South Wales' $108 billion ...

Challenger shuffles life portfolio asset allocations

KANIKA SOOD  |  MONDAY, 30 MAR 2020
Challenger Life has tilted its investment portfolio away from equities and sub-investment grade fixed income and towards more liquid assets, as COVID-19 sparks volatility in most asset classes. Challenger Life has slashed equity holdings from 13% of ...

Super fund warns self-employed of early release risks

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
The newly launched superannuation fund targeting the self-employed, GigSuper, has warned its members about the downside of accessing super early if they are left unemployed as a result of COVID-19. ASFA research shows that 20% of self-employed people ...