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Showing 941 - 950 of 1326 results for "Pandemic"

Aussies reevaluate retirement prospects

ALLY SELBY  |  MONDAY, 3 AUG 2020
... they plan to change their lifestyle financially, including reducing spending and better budgeting, in the wake of the pandemic. The research also found that younger Australians (aged 35-49) are feeling more underprepared for their retirement than their ...

Housing values continue to slide

ANNABELLE DICKSON  |  MONDAY, 3 AUG 2020
... CoreLogic's head of research Tim Lawless said despite the losses the housing market has been resilient to the effects of the pandemic. "The impact from COVID-19 on housing values has been orderly to-date, with CoreLogic's national index falling only ...

Life insurance at tipping point: Industry leaders

ALLY SELBY  |  FRIDAY, 31 JUL 2020
... much transparency as possible and... make sure boards have enough information to make those decisions." The coronavirus pandemic had highlighted the industry's ability to pivot quickly when needed, he said. "When you think about the impact of COVID-19 ...

Sovereign fund withdraws bid for Newcastle United

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... Brothers and would have taken an 80% stake in the football club. The group cited the global uncertainty as a result of the pandemic as well as the prolonged process. "With a deep appreciation for the Newcastle community and the significance of its football ...

Wealth manager takes massive profit hit

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
A global pandemic and subsequent market volatility have hit wealth manager AMP, taking a near 50% profit hit compared to the same period last year. AMP provided an update on its 2020 interim operating earnings to the ASX, citing the impact from market ...

Macquarie fired 32 people in "consequence management"

ELIZABETH MCARTHUR  |  THURSDAY, 30 JUL 2020
... systematic issues." Almost all of Macquarie's staff, more than 98%, has been working remotely throughout the COVID-19 pandemic. "The group is now in a gradual, phased and voluntary return to the office in certain locations where it is safe to do so ...

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... million to $125 million. The result has been impacted by the volatility in financial markets relating to the impacts of the pandemic. IOOF chief executive Renato Mota said: "The recent recovery in equity markets has been the major contributor to the ...

Financial comfort reliant on fiscal support: ME Bank

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
Australian household financial comfort increased to near record highs throughout the pandemic as a result of government fiscal stimulus measures, according to ME Bank's latest Household Financial Comfort Report. Household financial comfort increased ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... goes on long enough, would spark decreasing inflation expectations. Unless a necessity (like toilet paper in the current pandemic), consumers of whatever colour, creed or political affiliation would postpone purchasing new everything (home furnishings ...

Chief economist update: Gold 2000

BENJAMIN ONG  |  WEDNESDAY, 29 JUL 2020
... of gold catching up with its previous record high of US$1900.30/ounce it set back in September 2011. The coronavirus pandemic has changed all this. The price of gold has now soared to a new high of US$1964.05/ounce and sparking speculations for a break ...