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Showing 901 - 910 of 3208 results for "Scheme"

Australia sweeps pension market rankings

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... 151% the year before) was particularly impressive, given over $37 billion in outflows because of the early access to super scheme. "While early release supported members in their time of need during the pandemic, Australian funds have shown considerable ...

Financial services sees improved mental health

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
... designed to ease the financial hardship faced by many Australians. Helping Australians navigate the early release of super scheme, mortgage deferrals and reductions, and broader legislative changes, saw many in the industry working more hours, often ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... between the Morrison government (the barber) and labour unions and Labor (shampoo makers) with regards to the JobKeeper scheme, which is set to end on March 28. The "shampoo-ers" argue that withdrawing JobKeeper "prematurely" would cause the country's ...

Ponzi schemer succeeds at appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... at appeal. Douglas Johnston, together with his wife Maureen Johnston, were found by ASIC to have run a dodgy investment scheme - convincing people they met through the Collingwood Football Club to hand over their life savings. Now, Douglas Johnston has ...

Industry funds pool $61bn of assets

KARREN VERGARA  |  THURSDAY, 11 FEB 2021
... Maritime is still standalone, [the only difference is] we are investing units in Hostplus' PST," Robertson added. This scheme will give Maritime access to Hostplus' investment options like unlisted assets in infrastructure, property, private ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... Plan". And just as Federal Treasurer Josh Frydenberg ruled out the possibility of extending the government's JobKeeper scheme beyond the end of March this year - taking money out - in its first meeting for 2021 is virtually increasing liquidity in ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
APRA has revealed the final figures representing the impact of the government's early release of super scheme which saw 3.5 million Australians dip into their retirement savings. Over the duration of the scheme, $37.3 billion was removed from the superannuation ...

Macquarie makes telecoms bid

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... diligence, MIRA securing debt financing, a unanimous recommendation by the Vocus board and entry into a mutually acceptable scheme of implementation agreement. The board also noted the any agreement would be subject to a number of conditions including ...

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... S.E.A.S Sapfor Forests Pty Ltd case. AET was appointed as trustee of the S.E.A.S Sapfor Forests Pty Ltd in 1965 and the scheme was to invest in timber on behalf of "covenantholders" who eventually took losses. One of the covenantholders, David Kerr was ...

Industry fund promotes for GM role

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
... not industry, including market volatility during the first months of the COVID-19 pandemic and the early release of super scheme," he said.