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Showing 841 - 850 of 1326 results for "Pandemic"

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... the committee's scrutiny of the four major banks and other financial institutions. "Due to the impact of the COVID-19 pandemic a significant number of Australians have accessed their super to support themselves during this difficult time," Wilson said. ...

Millennials jump on COVID-19 volatility

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... people in Australia, New Zealand, Hong Kong, UK, US and Germany, found a correlation between risk appetite during the pandemic and the age of investors. The survey found millennials (aged 24-39) are the most active demographic in every global market ...

Fintechs drive venture capital: KPMG

ANNABELLE DICKSON  |  WEDNESDAY, 9 SEP 2020
Venture capital investment in Australian fintechs has grown despite concerns about the pandemic which has seen private equity and mergers and acquisitions activity fall, a new study from KPMG shows. KPMG's latest Pulse of Fintech report reveals ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... security, puts it, the oil market outlook remains in the middle of either a second wave or steady first wave of the COVID-19 pandemic. The reimposition of restrictions would further curtail demand for oil, and by extension, oil prices. Weak global oil ...

Demand for advice rises

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
... services of a financial planner over the next two years. This demand has jumped twofold from five years ago. The global pandemic has pushed many to seek professional advice and reassess their financial situation, the research firm's 2020 Financial Advice ...

Banks to assess loan deferrals

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
Australian banks will commence contacting the group of customers who have not resumed paying loans a result of the pandemic, according to the Australian Banking Association (ABA). Around 450,000 loan deferral customers will be assessed in September ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it." This is backed by the continued improvement in the Institute for Supply Management (ISM) manufacturing ...

Sustainable ETF demand skyrockets

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
... attitudes of investors bending toward ESG-conscious products, which has been particularly heightened during the global pandemic. As of June 30, Morningstar looked at 534 sustainable index funds with collective assets under management of US$250 billion ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
... regardless of whether those investments were new or existing," HESTA said. Additionally, the fund said it has removed the pandemic exclusion that was included in death, TPD and income protection cover. "Our insurer previously had the right to invoke ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... that is the UK is on its way towards recovery. The United Kingdom has followed the script dictated by the coronavirus pandemic in much of the world. On March 23, the government imposed strict lockdown measures, giving "bobbies" power to fine people leaving ...