I know it's hard, but it could be harder: LoweBY CASSANDRA BALDINI | WEDNESDAY, 15 FEB 2023 12:51PMAppearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. Related News |
Editor's Choice
ASIC cancels AFSL of Australian Fiduciaries
ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.
Treasury expects regulators to do the heavy lifting
Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.
NGS Super names head of strategy
NGS Super has appointed a former ASFA committe member as head of strategy, as the fund aims to strengthen its retirement offering.
SS&C axes jobs, shifts roles offshore
US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.
Products
Featured Profile

Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.







This clown gave dangerously incorrect guidance to the market with respect to interest rates, let inflation run out of control then expects to be retained for his full term? Why should we expect his judgement to be any better for the remainder of his term & what level of incompetence gets you fired from your $911K per annum gig? He must be really hurting up there in that ivory tower.
Instead of raising rates, why doesn't a percentage of your wage go into your super. That way everyone that works is affected not just people with homeloans etc. Why should the banks profit?