Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Coronavirus News

Pension fund suffers $235bn loss

JAMIE WILLIAMSON  |  MONDAY, 6 JUL 2020
The world's largest pension fund posted a record quarterly loss and a negative return of more than 10% to March end, it has reported.

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
We've seen the worst of times and now the best of times; the virtual freezing of economies leading to bear markets and now, every single index has rallied in a bull market.

LEI registrations double

ELIZA BAVIN  |  FRIDAY, 3 JUL 2020
Despite the ongoing impact of the COVID-19 pandemic, Legal Entity Identifier (LEI) registrations doubled in 2019/20, according to APIR Systems.

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
As the new financial year began, Treasurer Josh Frydenberg clarified the stimulus measures the government will use to assist Australians in the recovery from the COVID-19 pandemic.

Favour turns to active management

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
Amid the market volatility the COVID-19 pandemic ushered in, a new survey has revealed that sentiment is turning in favour of active investment management.

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
Latest CPI data show that despite the trillions of dollars, euro and yen being pumped out the world over, core inflation measures in advanced economies continue to decelerate.

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Australian Financial Complaints Authority has reported a 13.7% rise in monthly complaints in the last financial year with most being about superannuation, insurance claims and credit.

Super reform should happen, but not now: Grattan

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Grattan Institute has warned that now is not the time to enact sweeping reforms as the nation battles the economic effects of the COVID-19 pandemic.

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Australian Taxation Office's website crashed on the first day of the new financial year as Australians rushed to lodge tax returns and apply for the new round of ERS.

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
This year was going to be a good one for equity market investors, a great year even - until COVID-19 hit.