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

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 3 days ago