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Showing 1031 - 1040 of 3582 results for "Consumers"

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... clue is in tackling the root of the problem - the continued spread of infections that's scaring the beejesus out of consumers and businesses from spending. We'll all be hesitant to spend and invest no matter how much money is thrown at us. With ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... interest rate, to match the zero interest rate being paid by members." Davis, who is also a board member of Superannuation Consumers Australia, argued a zero interest rate would not be "unreasonable" considering the current low interest rate environment ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... who authored the submission - also attended. According to Marshan, the meeting covered the role of advice in helping consumers to understand the three pillars of the retirement income system. The submission recommends the review consider several research ...

Call for pause on default insurance changes

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... benefits in case they lose the ability to work," Gambera said. Gembera said that while the Royal Commission focused on consumers being overcharged for unnecessary fees and junk insurance, Australians need to understand why it's important they are ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... economy. Separately, Australia's government said it would buy A$15 billion of RMBS to facilitate small loans to consumers and small businesses." So far, so good. Equity markets have responded positively with the US and European markets finishing ...

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... funding options for retirees. We're looking forward to working together to help grow the scale of the business so that consumers have better options at this critical life stage." The series B fundraising will be used to meet those objectives with the ...

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
... $1.5 million. The settlement costs include a refund of US$905,000 in late fees previously paid by Californian-based consumers, as well as an administrative fee to the DBO of US$90,500. Following an investigation into the service, the DBO found Afterpay ...

Life insurers breach own code consistently

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... complaint with the LCCC two years ago," he said. "Given all these breaches of the Code relate to delays in the processing of consumers' claims, the insurers should take immediate action to pay compensation, including penalty interest." The LCCC identified ...

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... welcomes views not only from industry but from all interested stakeholders. "This will help us understand any concerns that consumers, firms and trustees may have about our proposals," Press said. The consultation is open until April 7.

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... is wealth. Sure, low and negative interest rate push equity prices higher but there won't be any wealth effect if consumers stayed home, don't travel, don't attend school or don't report for work - and even if they braved it out, find ...