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Coronavirus News

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
Infection, containment through social distancing and lockdowns, easing of restrictions, and back to infection. Is this the new normal cycle?

ERS will impact those who didn't access super: REST

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The effects of the government's Early Release of Superannuation scheme could result in a 25 basis point loss for those who didn't take advantage of the scheme, according to REST chief executive Vicki Doyle.

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
Most things appeared to be going hunky-dory for the oil market in the second quarter of this year. But renewed lockdown measures in parts of the world could turn this around.

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
Aussie wages have recorded the lowest annual growth in 22 years, but it's not all bad.

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Association of Superannuation Funds of Australia (ASFA) has released a six-step plan aiming to drive industry-wide productivity gains in superannuation.

Finance employees remain fearful

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
While finance employees rank among those most confident in Australia's workforce, they are also the most likely to have numerous concerns on the risks of returning to the office.

Emerging market debt rebounds

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
Emerging-market (EM) debt rebounded strongly in the second quarter across hard currency sovereign and corporate credit as well as local-currency debt, according to Eaton Vance.

Chief economist update: Forecasting is futile

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2020
In times such as these, forecasting is futile. This is perhaps best exemplified by yesterday's piece on New Zealand's victory over COVID-19.

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Commonwealth Bank has announced an 11.3% profit hit due to the effects of the COVID-19 pandemic and slashed its dividend by 31%.

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
Industry Super Australia has found some common ground with the Grattan Institute in regards to its report on the effects of the government's Early Release of Super (ERS) scheme.