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Showing 851 - 860 of 1757 results for "Covid"

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 ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... 2020 start date to 1 July 2022. "[This is] to allow continued consultation and legislative drafting to take place during COVID-19. This will also allow finalisation of the measure to be informed by the Retirement Income Review. This measure is estimated ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... up 15.4% in real terms from the $196 billion spend last year. The social security spending is largely in response to the COVID-19 crisis, with the government predicting that spending will decrease to the $200 billion level in 2021-2022. The government's ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... but will then reduce that spending by 35.5% by 2023-24. It said the decrease will be primarily driven by the ending of the COVID-era HomeBuilder scheme. In addition, the government said the decline is due to the planned completion of both regional and ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... Frydenberg acknowledged the budget is based on a set of assumptions, such as the majority of Australians being vaccinated against COVID-19 and borders being reopened. "There is a great deal of uncertainty, these are predictions... and have been made ...

NAB recruits 500 in hiring spree

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... recruitment of 52 people to support NAB's private bank and 400 recruits hired to support customers struggling during the COVID-19 crisis. The bank said the investment in its business and private banking team would help grow the franchise, and would also ...

Pandemic proves value of advice: FPA

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... advice, according to new research. The Financial Planning Association of Australia's (FPA) inaugural Money & Life Tracker: COVID Edition reveals Australians with financial advisers were not financially impacted by the pandemic compared to those without ...

Calls for aged care overhaul

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... support is the start of the solution," Duckett said. "The horror stories from the Royal Commission into aged care and from the COVID-19 aged care crisis have to stop." Duckett called for an increase in spending and an overhaul in regulation to fix the ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... such, the researchers wrote that "high temperature and high relative humidity [can] significantly reduce the transmission of COVID-19," meaning "the arrival of summer and rainy season in the Northern Hemisphere" might "reduce transmission of the disease". ...

Insurers prepare for tragic COVID-19 fall-out

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
Life insurer MetLife is preparing for an increase in mental health claims in the wake of COVID-19, with the insurer acknowledging the psychological toll of financial hardship. "There is a direct connection between financial wellbeing and mental health. ...