Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 841 - 850 of 1756 results for "Covid"

Active portfolios post stellar returns

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
... performance is fleeting. "There will be periods of underperformance," he said. "We have seen the changes brought about by COVID-19, and economies and companies will not be going back to how they were operating at the pre-pandemic period - which is a ...

Women focus in Labor budget reply

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... Australian manufacturing are at the core of Labor's plans for job creation over the next decade. He said in the midst of the COVID-19 crisis the way to create much needed jobs immediately, is through investing in social housing. "There's 100,000 social ...

TPB bans tax agent over COVID-19 fraud

ALLY SELBY  |  FRIDAY, 9 OCT 2020
... Practitioners Board (TPB) has terminated the company registration of Sydney-based tax agent after she attempted to exploit a COVID-19 stimulus measure for over $20,000. The TPB determined TLL Tax Pty Ltd and its director Liying Tong breached sections ...

MLC Life hires wealth and partnerships lead

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
... challenge the more established group insurers. "Insurance inside superannuation is experiencing significant change in light of COVID-19, and we need to ensure we're providing the right support and expertise to superfunds as they navigate their way ...

REI Super ups insurance premiums

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... assessment and repricing by life insurers for both death and TPD," Coysh said. "The changes largely reflect the impact of COVID-19 on expected claims experience." In May 2019, REI Super increased life insurance premiums blaming the Protecting Your Super ...

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... government's budget announcement. Fitch ratings revised the country's rating from stable to negative on the fiscal impact of the COVID-19 shock. "The negative outlook reflects the significant impact the coronavirus pandemic is having on Australia's economy ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... Money, in Aussie dollar terms, amounts to "$98 billion in response and recovery support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan" the Federal Treasury is unleashing onto the economy. Treasury ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... took hold." Meanwhile, the Australian Banking Association (ABA) said the budget is likely to cushion the economic blow of COVID-19. "This budget is a key milestone as we shift from emergency to recovery, from triage to rehabilitation," ABA chief executive ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... This measure will help companies that were profitable and tax-paying but now find themselves in a loss position due to the COVID-19 pandemic. "The combination of the immediate expensing and loss carry-back measures will create an additional 50,000 jobs ...

Budget boosts female participation

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... women are not left behind in the budget, promising $240 million to ensure their workforce participation reverts to its pre-COVID-19 record high. Australian women made up the majority of those who lost their jobs during this crisis, he said, noting that ...