Coronavirus

A cornerstone of containing the COVID-19 pandemic is widespread testing to identify cases and prevent new outbreaks emerging. This strategy is known as “test, trace and isolate”. The standard test so far has been the swab...

Despite the uncertain economic recovery from coronavirus, strict lockdown conditions being re-introduced in parts of the country, unforeseen pressures on many household incomes, forecasts of dramatic property price falls, and clear evidence of mortgage stress, many...

The past few weeks have seen a flurry of concerns about a “second wave” of coronavirus cases. It started when US infectious disease expert Anthony Fauci warned the coronavirus outbreak is not over and media started...

The COVID-19 pandemic forced us all to change the way we live. The lockdown altered fundamental aspects of our lives, not only to protect our own health but also the health and lives of others. Just...

The outbreak of coronavirus has seen massive numbers of workers lose their jobs around Australia. The latest figures by the Australian Bureau of Statistics show that the unemployment rate jumped to 7.1% in May – the...

COVID-19 has resulted in hundreds of thousands of job losses. The latest figures from the Australian Bureau of Statistics (ABS) reveal that employment decreased by 227,700 people between April and May. "The drop in employment, of...

Commonwealth Bank's analysis of credit and debit card transactions released during the first week of May revealed consumer spending had improved and suggested we may be past the "low point" of COVID-19's unprecedented impact on spending...

The Australian Prudential Regulation Authority released its March 2020 quarterly superannuation performance statistics today, revealing there was a reduction of $227.8 billion, or 7.7%, in the value of total superannuation assets over that period. Superannuation assets...

The Australian Prudential Regulation Authority (APRA) released its latest weekly numbers on the COVID-19 Early Release Scheme today, detailing information about the applications super funds had received from their members between 20 April and 17 May....

The Australian Prudential Regulation Authority (APRA) released the latest weekly numbers on the COVID-19 Early Release Scheme on Monday, detailing information about applications received from super fund members between 20 April and 10 May. Of the...