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Showing 111 - 120 of 290 results for "ACCC"

Australians lose record amount to scams

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... Losses to investment scams increased last year by more than 34% compared to 2017, with Australians losing $86 million. The ACCC said that while scammers are still scouring dating sites for victims, the most financially harmful scams are actually investment ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... respect of new loans, then prohibiting lenders from paying other commissions to mortgage brokers." In the lead up to the ACCC-CFR review, the Government said it will introduce some of the measures it has already announced. Among them is the final report's ...

Former Westpac GM joins APRA review

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... Monetary Fund and was also previously head of financial stability and acting governor at the RBNZ. The two will work with former ACCC chair Graeme Samuel, who the Government announced would lead APRA's capability review when initially responding to Hayne's ...

ASIC enforcement must get tough: Commissioner

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... Commissioner has already ruled out handing over a part of ASIC's remit to the Australian Competition and Consumer Commission (ACCC). He stopped just short of recommending a civil enforcement agency for misconduct evidence gathered in ASIC investigations. ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... concerns in the financial system.'" However, Hayne agreed with the Productivity Commission's recommendation that the ACCC study the effect of vertical and horizontal integration within financial services every five years.

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... Government's official response said it agreed to conduct regular capability reviews of APRA going forward, with former ACCC chairman Graeme Samuel to lead the first. "The capability review will build on the recently completed International Monetary ...

ACCC close to approving tobacco-free certification

KARREN VERGARA  |  MONDAY, 31 DEC 2018
... pushing to trademark 'tobacco-free' with Australia's competition watchdog and for the benefit of investors. The ACCC said it is considering accepting Tobacco Free Portfolios' application for a certification trademark that signals to potential ...

Super funds defend $5bn infrastructure investment

DARREN SNYDER  |  TUESDAY, 11 DEC 2018
A consortium including several of Australia's largest superannuation funds will contest allegations from the ACCC that a 2013 purchase of two New South Wales ports breached competition law. The Australian Competition and Consumer Commission (ACCC) has ...

BEAR should be expanded, ASIC included: Shipton

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... there are no non-executive members. This is in contrast to the FCA, the Securities and Futures Commission in Hong Kong, the ACCC, the UK's Competition and Markets Authority and the Reserve Bank, she added. "There are concerns that I have when I look ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... ASIC's investigation into the August 2015 placement is separate to the Australian Competition and Consumer Commission's (ACCC) proceedings. The ACCC, which oversees cartel conduct, refers serious conduct to the CDPP to be considered for prosecution. ...