|The spread of COVID-19 gave Europeans what they wished for, a reduction in tourist numbers.|
|China's stock market appeared to be bouncing back from the hit it took from coronavirus. Not anymore. COVID-19 is gnawing through investors' hazmat suits.|
|Weekend reports that COVID-19 is not only multiplying but infecting more countries sent financial markets back.|
|I don't see what good another one, two or three RBA rate cuts would achieve. In fact, all they'd do is put us at risk of further problems.|
|Total wages in Australia grew by 2.2% in the year to the December 2019 quarter; unchanged from the previous quarter and the slowest growth rate in close to two years.|
|Japan's economy contracted by 1.6% at the end of 2019, while real GDP plunged at an annualised rate of 6.3%. Economists are expecting a rebound in the March quarter but will it be enough?|
|COVID-19 has captured the world's attention. So much so, that the good tidings promised and hoped for in the second half of 2019 have received scant attention when delivered.|
|The economic impact of the coronavirus has been grossly underestimated, with jolts likely to be felt well into the second quarter.|
|The anticipated weakening in the Chinese economy, plus the recent Morrison government's ban on Chinese nationals and on people who have travelled to China, would negatively impact Australia's external trade account.|
|Latest surveys show an improvement in Australian consumer and business confidence despite concerns over the impact of bushfires, floods and the coronavirus. However, greater analysis reveals a different story.|
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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