|The global freezing of economic activity wrought by coronaphobia is shaking what has become an orthodoxy over the past decade that central banks are the new masters of the universe.|
|While most nations around the world are reeling from the virtual freezing of economic activity, Japan is fast becoming a special (basket) case.|
|Apart from running low on ammunition, would lower and lower interest rates be sufficient to reverse - or at least mitigate - the coronavirus' negative impact?|
|It would have been up, up and away for the Australian economy had it not been for the bushfires and the coronavirus.|
|The Reserve Bank of Australia and US Federal Reserve's decisions to cut interest rates on the same day suggests that a coordinated response to the coronavirus pandemic is underway.|
|It was only a matter of time. With everyone talking about coronavirus under their face masks, it's hardly surprising that fiscal and monetary authorities are now responding with their own "c" words.|
|Finder's RBA Cash Rate Survey found 90% of economists believe there will be a rate cut in 2020, with 15% expecting the cut to come tomorrow.|
|Like all diseases, epidemics and pandemics before it, a cure, a serum, a vaccine will be developed for the coronavirus.|
|Equity markets are caught in a landslide of sensationalist headlines about COVID-19.|
|"When Wall Street sneezes, the rest of the world catch a cold."|
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%.
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.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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