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Aussies rush to withdraw superannuation savings – MacroBusiness

The Australian Prudential Regulatory Authority (APRA) yesterday released data on the uptake of the Morrison Government’s emergency early superannuation withdrawal policy: As you can see, just under $1 billion was withdrawn from Australia’s superannuation syst…

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The Australian Prudential Regulatory Authority (APRA) yesterday released data on the uptake of the Morrison Government’s emergency early superannuation withdrawal policy:
As you can see, just under $1 billion was withdrawn from Australia’s superannuation system in the week ended 5 July.
In total, just over 2.5 million people have withdrawn nearly $19.1 billion from their superannuation accounts, averaging $7,511 per withdrawal.
As shown below, the top six withdrawals have come from industry f…

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Latest ABS figures shows dire situation for employment on Sunshine Coast

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Francis Witsenhuysen – Noosa Online News

LATEST data from The Australian Bureau of Statistics show payroll jobs numbers on the Sunshine Coast topple by 1.2 per cent during a single week in early July.

While the region’s figure is one dire representation of the economic impacts of Covid 19, outside of Victoria, the worst recorded job losses were for the Richmond -Tweed region in NSW – tumbling 2 per cent during the same week (July 4-11).

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Latest ABS figures shows dire situation for employment on Sunshine Coast

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Francis Witsenhuysen – Maroochydore Online News

LATEST data from The Australian Bureau of Statistics show payroll jobs numbers on the Sunshine Coast topple by 1.2 per cent during a single week in early July.

While the region’s figure is one dire representation of the economic impacts of Covid 19, outside of Victoria, the worst recorded job losses were for the Richmond -Tweed region in NSW – tumbling 2 per cent during the same week (July 4-11).

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Why 30,000 Aussies are obsessed with this UK money app – Yahoo Finance Australia

The ‘financial superapp’, which already has more than 12 million customers, has launched in Australia.

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Popular UK-based budgeting and personal finances app Revolut has officially launched in Australia.
Revolut, which touts itself as a financial superapp and one app for all things money, launched in 2015 and offers money transfer and exchange services, as well as budgeting services that let you view your cash flow.
The app has amassed a global following, with more than 12 million customers across 35 countries.
Revolut has been available in testing mode in Australia since mid-2015 for a limited …

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