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Showing 71 - 80 of 1324 results for "Pandemic"

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN | TUESDAY, 27 AUG 2024

... Development of Australia (CEDA). "Our record of almost three decades of economic growth, halted only by the COVID-19 pandemic, is unequalled by any other developed economy," CEDA senior economist Melissa Wilson said. "But we also face significant structural ...

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN | WEDNESDAY, 21 AUG 2024

... health insurance premiums increased by an average of 3.03% from the start of April, marking the largest rise since the pandemic began. This has contributed to the financial burden on retirees, particularly those on fixed incomes, ASFA said. ASFA chief ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN | FRIDAY, 9 AUG 2024

Commonwealth Bank (CBA) has warned that the extraordinary amount of savings Australians amassed during the pandemic will run dry by the end of the year. CBA said Australians had accrued around $300 billion in additional savings during the period, as ...

Australia sees jump in zombie companies

ELIZA BAVIN | THURSDAY, 8 AUG 2024

... inflation, and rising interest rates, while the travel and tourism sector saw a decline in zombie companies due to a post-pandemic recovery. Smaller companies, particularly those generating less than $10 million in revenue, were more vulnerable to becoming ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN | TUESDAY, 6 AUG 2024

... stock rally has gone too far," Ho said. "Not since March 2020, when markets were spooked by the outbreak of the COVID-19 pandemic, has the ASX experienced such a vicious two-day sell-off." Ho said Australian traders were spooked by the unexpected jump ...

QIC replaces real estate managing director

KARREN VERGARA | MONDAY, 29 JUL 2024

... portfolio through the destabilising impacts of COVID-19 and the complex market environment in the years following the pandemic. He also led a number of significant redevelopments at our assets in line with evolving consumer preferences." QIC recently ...

ASIC to launch new criminal investigation team

ELIZA BAVIN | WEDNESDAY, 24 JUL 2024

... in the past five years where there were periods of temporary deterioration in the market. One was during the COVID-19 pandemic when global markets experienced a high-level of volatility and trading. The second was in late 2023 as corporate activity increased. ...

Clime chief executive resigns

KARREN VERGARA | MONDAY, 15 JUL 2024

... support and commitment of the extended leadership team (ELT)." Clime shares reached about 70 cents prior to the COVID pandemic and traded at 30 cents at the time of writing.

Job mobility falls for first time in three years

ELIZA BAVIN | TUESDAY, 9 JUL 2024

Australia's job mobility rate has fallen for the first time in three years, back to around its pre-pandemic level, according to new data from the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said in the 12 months ...

Cbus MySuper investment option returns 8.35%

ANDREW MCKEAN | FRIDAY, 5 JUL 2024

... one-year result," he said. "While short-term returns from the property asset class have remained challenging since the pandemic, we believe property values are now close to stabilising and our long-term focus on owning and developing high quality assets ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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