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Ongoing job losses spur renewed calls for national wage subsidy

Ongoing job losses spur renewed calls for national wage subsidy

by Shared by Accountants Daily | Aug 31, 2021 | News

New payroll data released by the Australian Bureau of Statistics (ABS) last week showed a 9.2 per cent job decline in Western Sydney over the first five weeks of Greater Sydney’s lockdown, which took effect on 26 June.  Read more at Accountants Daily.
Payments system review proposes new role and powers for federal Treasurer

Payments system review proposes new role and powers for federal Treasurer

by Shared by Investor Daily | Aug 31, 2021 | News

A formal review of Australia’s payment systems infrastructure has called for the Treasury to take on a more active leadership role within the sector. Read more at Investor Daily.
How Australia could avoid a recession even if lockdowns remain

How Australia could avoid a recession even if lockdowns remain

by Shared by Nestegg | Aug 31, 2021 | News

According to BetaShare’s chief economist David Bassanese, there’s a strong possibility that Australia will in fact avoid a recession. Read more at Nestegg.
ASIC levy reduction brings relief to financial advisers

ASIC levy reduction brings relief to financial advisers

by Juliet Helmke | Aug 30, 2021 | News

ASIC levies on financial advisers will be restored to their 2018-19 levels and maintained for the next two years under new temporary measures to help advisers weather the impacts of COVID-19 as well as regulatory changes, the government has announced. Institute of...
Questions raised on ASIC’s handling of ASX report

Questions raised on ASIC’s handling of ASX report

by Shared by Investor Daily | Aug 30, 2021 | News

In a hearing of the parliamentary joint committee on corporations and financial services on Friday, Liberal senator Paul Scarr suggested the public release of the report would “give more confidence” to market participants that gaps in the ASX’s technology capabilities...
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