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Showing 81 - 90 of 256 results for "COVID-19"

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
An Industry Super Australia (ISA) report has called the pool of national savings created by the super system a key strength of the Australian economy and the envy of the world. According to the report, in periods of economic uncertainty and market volatility ...

China records historic trade surplus

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
China has posted a record high trade surplus after another month of strong exports; however, headline inflation continued its upward trend. Chinese exports exceeded market expectations again in July, supported by shipments to ASEAN and the European ...

Berkshire posts $53bn investment loss

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Berkshire Hathaway has reported a US$53 billion loss on its investments during the quarter. However, Berkshire Hathaway's quarterly report explained that unrealised gains and losses arising from changes in market price of investments in equity securities ...

Julie Lander named FEAL Fund Executive of the Year

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
CareSuper's chief executive has been acknowledged for her contribution to her fund and the super industry at the 2022 Fund Executive Association Limited (FEAL) awards. At a dinner attended by more than 90 industry guests in Melbourne last night, Lander ...

ASIC continues crack down on deceptive advertising

CHLOE WALKER  |  TUESDAY, 2 AUG 2022
The corporate regulator has issued stop orders against a commercial property investment firm for misrepresenting the performance risks of one of its funds, including marketing it as 'Covid proof'. An interim stop order was placed on Fawkner Property ...

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
Treasurer Jim Chalmers has addressed Australia's confronting inflation numbers and the International Monetary Fund's (IMF) substantial global growth downgrades at a Canberra press conference. Unsurprised to see inflation north of 6%, Chalmers ...

Peter Burgess to become SMSFA chief executive

CHLOE WALKER  |  WEDNESDAY, 27 JUL 2022
Peter Burgess, the current SMSF Association deputy chief executive and director of policy and education, will take on the top job in March 2023. Burgess will succeed John Maroney who has been chief executive since May 2017. Burgess brings more than ...

Victoria has the best economy - but not by much

CHLOE WALKER  |  MONDAY, 25 JUL 2022
CommSec's latest quarterly data shows Victoria is the best performing economy in Australia, ending Tasmania's long run at the top for the past nine quarters. In fact, Tasmania has slipped to third position in the rankings of the best performing economies ...

FICAP is back on in 2022

CASSANDRA BALDINI  |  FRIDAY, 22 JUL 2022
The Financial Industry Community Aid Program (FICAP) is returning after a pandemic pause. This year FICAP's Live & Acoustic event will be held on August 25 at the Establishment Ballroom and in support of Aussie youths in need. All proceeds will ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
Labour costs have played an insignificant role in the recent increase in inflation, according to an Australia Institute analysis. While a plethora of market commentary has expressed concern that aggressive wage growth will elevate inflation levels ...