|Search Results||Showing 1 - 10 of 100+ results for "Treasury"|
|... early release with the reasons why. The total drawdown estimates from early release vary from $27 billion, according to Treasury, to $40-$50 billion, according to Rice Warner. APRA has already asked superannuation funds to submit their in-house modelling ...|
|... support tapping into the Future Fund to pay for early release, whose estimates range from $27 billion, according to Treasury, to $40 billion to $50 billion, according to Rice Warner. "I don't see the need to drawdown on the Future Fund because governments ...|
|APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation. The prudential regulator asked superannuation ...|
|... themselves to large volumes and there will need to be some adjustments to both technology and processes to accommodate." Some Treasury communications are already directing people who have lost their jobs as a result of COVID-19 and want early access ...|
|... Australians suffering financial stress to access their super early to be well above the $27 billion originally offered by Treasury. Rice Warner said that while the original figure "appears manageable", the impact would vary from fund to fund, noting ...|
|... to 5.5%, moving back to 2015 levels in just one week." (EPI) We're doomed! Well, it all depends on whether the US Treasury and the Fed's largesse - needless to say, a cure for the coronavirus is discovered soon - are able to revive confidence ...|
|... 11 and 15 bps on the 19th and increased its bond purchases by £200 billion to £645 billion - while the UK Treasury reportedly plans to spend as much as 15% worth of the UK's national output. To limited avail. But Johnson's draconian ...|
|... those who have committed suicide, but the following events look promising," Johnson said. The AIOFP is positive about Treasury's request for market views on the Compensation Scheme of Last Resort because submissions and commentary are acknowledging that ...|
|... CMBS (statement)." "Also announced three new lending facilities designed to support $300 billion in new funding, with Treasury to cover $30 billion in losses (statement). Reintroduced the Term Asset-Backed Securities Lending Facility (TALF) to support ...|
|... next two financial years if they have lost a job or 20% of their income, as COVID-19 knocks down economic activity. The Treasury estimates it will cost about $27 billion or 1% of the superannuation system's total assets. To add context, in the five ...|
While there may be uncertainty surrounding the economic implications of the spreading COVID-19 pandemic, one thing is clear; if business leaders are not consistent, empathetic and clear with their response, they should prepare to face the music.
The government's $213 billion stimulus package is set to push up the country's total debt but experts say it is not reason enough to draw down on the sovereign wealth fund.
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
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