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Showing 1 - 10 of 1666 results for "Covid"

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... "Despite some signs of a weakening economy, inflation remains above target, making a rate cut unlikely," he said. "Nobody saw COVID-19 or the war in Ukraine coming, and these have been the driving factors behind our current situation. "What the next ...

Older clients boost book values

KARREN VERGARA  |  THURSDAY, 13 JUN 2024
... the previous 12 months. He pointed to the supply and demand curve with fewer practices selling or coming to market. "The COVID pandemic and changes in regulations (2020-22) saw a substantial exodus of financial advisers from the industry. Many advisers ...

Most in-demand skills for financial services workers

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... data from Perceptor. The one exception has been insurance, which has continued to thrive, a trend that has persisted since COVID-19. Recruitment in insurance has mainly focused on mid-to-senior roles in customer experience and personalisation, driven ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... of WAM, which was set to be held in person in March 2022. However, the WAM board changed the meeting to be held online as COVID-19 restrictions were still in place. The WAM board told investors it did not support any of the resolutions proposed by Keybridge ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... Annual GDP growth has fallen to just 1.1%, the slowest rate of annual growth in GDP in more than three decades outside of the COVID-19 pandemic. Commonwealth Bank (CBA) head of Australian economics Gareth Aird said the quarterly changes in real GDP paints ...

Early release of super scammers cop prison time

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting ...

Family offices up active management, eye generative AI: UBS

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... yield-generating assets. "I can well understand the finding as we have a shopping centre in Canada, and in the last five years, with COVID, and recently with the higher interest rates, valuations have taken a beating," a Malaysian family office said. ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
New research from the Productivity Commission has revealed changes to income and wealth levels during COVID-19. "The initial pandemic period saw an unprecedented decline in income inequality. The incomes of lower-income households grew rapidly in relative ...

LGT Crestone launches new investment solution

ELIZA BAVIN  |  MONDAY, 20 MAY 2024
... have provided a consistent source of returns to our family office during significant market downturns, such as throughout COVID. Our approach ensures flexibility to effectively navigate evolving market conditions," Wietlisbach said. Longreach Alternatives ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... returns through nearly 40 years of market cycles, including the dot-com boom and bust, the Global Financial Crisis, and the COVID-19 pandemic. "We have been working with Australian and global clients for more than 25 years, so we believe we understand ...
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