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Showing 81 - 90 of 162 results for %22Corona Financial Crisis%22

Businesses urged to apply for JobKeeper

ELIZA BAVIN  |  MONDAY, 27 APR 2020
... from many small business owners that they cannot afford to pay staff up to April 30, and so are not applying for the financial assistance. "Small businesses that believe they are eligible to apply for JobKeeper really must do so quickly," Carnell said. ...

The next big short

ALLY SELBY  |  THURSDAY, 23 APR 2020
... crash will be," Burry told Bloomberg. "This is very much like the bubble in synthetic asset-backed CDOs before the Great Financial Crisis in that price-setting in that market was not done by fundamental security-level analysis, but by massive capital ...

Has COVID-19 solved the advice problem?

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... the solution to the sector's problems on a silver platter? Shadforth's Terry Dillion certainly thinks so. Speaking to Financial Standard, Shadforth chief executive Terry Dillon said the crisis has forced the firm to adopt a style of working which may ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... a fall of 0.6% in the month of March after the ASX200 market peaked in late February," she pointed out. Speaking to Financial Standard, Core Private Wealth financial adviser Trevor Geffin said some of his clients have moved some of their wealth out of ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
Rainmaker analysis of the ASIC Financial Adviser Register shows that just shy of 500 financial advisers have left the industry in the last two months. From 27 February 2020 to 23 April 2020 the ASIC FAR dropped from 23,226 advisers (excluding time share ...

SMSFs granted annual return extension

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... extension to the lodgement of annual returns to the ATO to June. The ATO said it made the decision in the wake of the financial effects of the COVID-19 outbreak. "The requirement for an SMSF to appoint an auditor 45 days before lodgement of their annual ...

Funds receive first ERS applications

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... funds. The ATO said the implementation of the early release of super scheme for those financially effected by the COVID-19 crisis is progressing well. "We are working closely with super funds to enable them to process payments to their members as quickly ...

No liquidity support for super: RBA

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... pass the public interest test and we need to be able to conclude that it was needed to support the stability of the financial system," Lowe said. "At the moment, we are not in a position to conclude that." Additionally, Lowe provided an update on the ...

SuperFriend bolsters support offerings as demand peaks

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... organisation has updated its "most popular and impactful" training, and created new training in an effort to help the financial services industry through the mental health impacts of the COVID-19 pandemic. According to SuperFriend, the pandemic has caused ...

Recruitment, salaries slide in financial services

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... difference a pandemic makes," Kaizen Recruitment noted in an update on the state of recruitment activity in Australian financial services. Kaizen found that while clients pushed ahead with filling essential talent gaps and some have attempted to soldier ...