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Showing 71 - 80 of 282 results for "Fallout"

Market recovery or dead cat bounce?

ALLY SELBY  |  TUESDAY, 31 MAR 2020
... Composite lost 0.9%, the Nikkei lost 1.6% and the Hang Seng fell 1.3%, as rising coronavirus cases caused fears of economic fallout. So, despite rising COVID-19 figures, are we really seeing a market recovery in Australia, Europe and the US? Although ...

SMSFs in flashback to 2008

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... Pinnell's wish had been granted. The government's stimulus package included measures to help SMSF trustees cope with the fallout of COVID-19. In 2008 the minimum percentage withdrawal for the 2008-09, 2009-10, 2010-11 financial years was 2% for ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... triggered more falls as a result of so-called portfolio insurance at the time." Oliver said the 1987 crash had no economic fallout at the time, with growth continuing in the US and Australia at a solid pace. So, once the falls ended the market just started ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... that may apply." He added that AFCA recognises small business owners and consumers are under a lot of pressure amid the fallout from COVID-19. Locke said the ombudsman's approach would mirror that of the Council of Financial Regulators; adjusting initiatives ...

Super fund warns self-employed of early release risks

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
... balance of $40,000. "Giving this group access to $20,000 of their superannuation without a plan in place that addresses the fallout from this withdrawal, could mean setting them up for a disastrous situation in retirement," GigSuper said. The government ...

Times of turmoil create opportunities: deVere

ALLY SELBY  |  WEDNESDAY, 25 MAR 2020
... supply, demand, or both. "However there remain some sections of the economy which are benefitting from the coronavirus fallout." Investors are seeking out "new world" sectors to grow their wealth, Green said. "This is evidenced by the tech-heavy Nasdaq ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... and 118 recoveries. Just like the UK, fiscal and monetary authorities here (and elsewhere) are trying to mitigate the fallout on the functioning of the general economic activity. Just like the UK, Australian economic activity will slow as shown by the ...

Why remediation jobs aren't short-term

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
... tally for remediation provisioning for the industry is now well above $10 billion. With remediation programs from the fallout of the Royal Commission still under way, a career move into remediation may be something for some financial advisers to consider. ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... policy initiatives. The government's latest suite of stimulus measures designed to handle the outbreak's economic fallout were announced on Sunday afternoon, including the early release of super for Australians in financial stress as a result ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... De Gori's letter calls on the government to mirror the decision of the Rudd Labor government as it dealt with the fallout of the Global Financial Crisis in 2008 to reduce the minimum annual payment amount for superannuation income streams. De Gori ...