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Showing 1 - 10 of 1697 results for "COVID"

World on the brink: Frontier Advisors

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
... rising risks from unsustainable debt, geopolitical rifts, and climate inaction. The report said after spiking at the onset of COVID-19, government debt levels as a proportion of GDP briefly retraced but have since continued their upward trajectory to ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... devastating impacts on victim-survivors' financial and retirement prospects," the committee said. A review into the COVID-19 early release of super scheme specifically focusing on the number of members who may have withdrawn savings under coercion ...

Sally Auld to take on chief economist role at NAB

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... support," Oster said. "Throughout the journey there have been some big moments I will never forget, including the GFC and COVID pandemic." Auld, who will start to transition into the role on 14 February 2025, is the current chief investment officer at ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... occurred." Kerlin said an increase in members, an increase in elderly members and an increase in the death of members during the COVID period contributed to a significant growth in death claims, affecting assessment and payment timeframes. "Over the ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... the adjustment would occur in the coming weeks and current impacted members will be separately notified. In March 2020 the COVID-19 pandemic and the accompanying market correction temporarily wiped out nearly $290 billion from Australia's superannuation ...

Perpetual reveals decade of philanthropy insights

ANDREW MCKEAN  |  TUESDAY, 12 NOV 2024
... advocating for funding. In contrast, funding for arts and culture has declined from 5% to 3%, a decline the report linked to the Covid-19 pandemic and prolonged shutdown of cultural institutions which had an "enormous impact." Creative Partnerships Australia ...

AustralianSuper bids farewell to retirement chief

MATTHEW WAI  |  FRIDAY, 1 NOV 2024
... personal for each member," Schroder said. Blackmore was also a great leader through challenging times, most prominently, the COVID-19 pandemic, he said. "During that time Shawn worked tirelessly to ensure we fulfilled our obligations to members in a ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... (ABS). "The September quarter's rise of 0.2% is the lowest outcome since the June 2020 quarter fall which occurred during the COVID-19 outbreak and was driven by free childcare," ABS head of prices statistics Michelle Marquardt said. "Annually, the September ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... higher levels of labour force participation and a lower unemployment rate. "While there was a brief interruption during COVID, Australia's productivity deadlock has persisted through two very different economic environments. This suggests policymakers ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... 0.3%, or $13.7 billion, in the June quarter. The ABS said the final allowance under the Term Funding Facility (TFF) from the COVID-19 pandemic matured on 30 June 2024, which it said impacted bank funding across financial markets. For example, banks exchange ...
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Editor's Choice

Funds SA appoints chief investment officer

ANDREW MCKEAN
Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025.

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN
Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025.

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON
UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year.

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA
Lax superannuation laws make it too easy for perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found.

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