Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 931 - 940 of 1756 results for "Covid"

FASEA adds exam sittings, approved subjects

ELIZA BAVIN  |  THURSDAY, 10 SEP 2020
... FASEA has confirmed it will run six financial adviser exam sittings in 2021 at 31 locations across Australia, subject to COVID-19 restrictions. FASEA will hold exams from January 28 to February 2, March 25-30, May 20-25, July 15-20, September 9-14 and ...

Interim insolvency protections extended

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
Small businesses suffering financial hardship as a result of COVID-19 will have temporary insolvency and bankruptcy protections in place until the end of the year. The federal government has extended temporary insolvency and bankruptcy protections until ...

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... no small part on how well the Victorian government is able to contain the second wave. The sharp deceleration of cases of COVID-19 infections reported in Victoria in recent weeks offers optimism.

Australian Unity profits plummet

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
... has seen its profits plummet more than 70% compared to the previous financial year, with the group noting the impacts of COVID-19 saw it miss out on about $26 million in profit. Australian Unity reported a profit after income tax of $15 million for the ...

MySuper products show resilience

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2020
August marked the fifth consecutive month of positive returns for MySuper products since the COVID-19 pandemic hit, recovering 70% of losses, new Rainmaker analysis shows. Last month generated a positive performance of about 1.7% for superannuation ...

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... important part of 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 ...

Millennials jump on COVID-19 volatility

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
Millennial investors have been undeterred by market volatility due to COVID-19, according to new research conducted by Calastone. The results of a survey of people in Australia, New Zealand, Hong Kong, UK, US and Germany, found a correlation between ...

Fintechs drive venture capital: KPMG

ANNABELLE DICKSON  |  WEDNESDAY, 9 SEP 2020
... acquired QuadPay and China's Tencent buying shares in Afterpay. KPMG's global fintech co-leader Ian Pollari said: "COVID-19 will be a key driver for fintech investment heading into H2'20 given the strong acceleration of digital trends - such ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
Don't look now but it appears that it's not just COVID-19 seeing a second wave. Saudi Arabia is also taking a second bite on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab ...

Aussie super funds climb ranks

JAMIE WILLIAMSON  |  TUESDAY, 8 SEP 2020
... from the pressures facing funds this year. "Perhaps most notably of course, we are still witnessing ramifications from the COVID-19 crisis and, as we anticipate further economic uncertainty in the months ahead, these challenges make pension fund boards' ...