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JobKeeper sees $15bn blowout

07 August 2020 • By Lachlan Maddock • 1 min read

JobKeeper sees $15bn blowout

The government will tip an extra $15 billion into the JobKeeper scheme and revise eligibility requirements as the situation in Victoria worsens

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ASIC cracks the whip on $3bn unpaid remediation

ASIC will release further guidance to speed up massive advice remediation projects underway at the major institutions, as it reveals almost $3 billion ...

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OneVue takes China-Taiping to court over Madison sale

Listed platform provider OneVue has confirmed it is taking Chinese financial services group China-Taiping to court after failing to reach an agreement ...

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APRA grilled over climate risk

APRA has fought back against suggestions from a Liberal MP that it dropped the ball on COVID-19 due to a narrow-minded focus on climate change

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Royal commissions a result of government distrust: Hayne

Financial services royal commission leader Kenneth Hayne has suggested governments are referring too many matters that could be dealt with through ...

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Rice Warner urges reining in of retirement spending

Keeping Australia’s retirement income system at a sustainable level of public support should be a key focus for policymakers going forward as the ...

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RBA makes August rate call

The RBA has announced its latest decision on interest rates as Australia’s economic outlook is plunged back into uncertainty. The RBA has left ...

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Unemployment sees modest recovery

Unemployment saw a “significant drop” through July but remains stubbornly high in some states, according to data from Roy Morgan. A total of 1.79 ...

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Victorian financial services forced to close

Hundreds of financial services providers, along with thousands of other businesses, will be forced to close under new lockdown restrictions

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Repeat applicants driving early super surge

Over $29 billion had been paid out of the super system by late July, with the latest figures revealing the majority of those applying for early ...

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