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JOBKEEPER
Financial planning
CountPlus’ subsidiary and associate firms received over $3 million in JobKeeper in FY21, some 11 times more than the firm’s initial forecasts of around $260,000....
Life/Risk
The life insurer’s board has assessed that it will “not be appropriate” to repay JobKeeper funds after its 2020 calendar year net profit declined $4.6 million from the pr...
Life/Risk
Life insurance claims specialist, Col Fullagar says life insurers appear to be falling back into their bad old ways, including using the Government’s COVID-19 stimulus me...
Financial planning
As most mortgage holders are required to resume repayments and JobKeeper comes to an end, the number of ‘at risk’ mortgage borrowers will rise, according to Roy Morgan....
Financial planning
Mortgage stress will become a danger as one in five mortgage holders are on loan holidays which are set to end soon, according to Roy Morgan....
Outsider
Amid the reality of a recession, Outsider continues to be surprised by which segments of the economy are doing well and which are not....
Financial planning
Advisers are asking the most questions about JobKeeper rules for both their clients and for their own businesses, according to BT....
Editorial
By the time Australia kicks off 2021, many more businesses will be closed and many more people will be officially unemployed, as opposed to the synthetic unemployment rat...
Financial planning
Some 40% of Australians say they are living paycheque to paycheque in this uncertain environment, according to Finder, as Treasurer Josh Frydenberg announces Australia’s ...
Superannuation
Ten major superannuation funds continue to do the majority of the heavy lifting on hardship early release superannuation, but some appear to have been less affected than ...
Policy & Regulation
The Institute of Public Accountants says the stimulus initiatives need to better distinguish between viable and non-viable business, particularly to ensure JobKeeper 2.0 ...
Financial planning
Small to medium-sized financial services companies have been identified as being amongst those likely to fall off a cliff when the Government removes Jobkeeper and other ...
Financial planning
Analysis from AMP Capital shows consumer confidence is back to pre-COVID levels, but not yet to its historical peak....
Financial planning
ATO guidelines on JobKeeper legislation will help accountants better understand when the integrity rules will or will not work....
Funds management
Around 3.92 million Australians are either unemployed or under-employed as social distancing restrictions have largely shut-down customer-focused industries, according to...
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MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....