Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 504 results for "Purchasing"

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
... consumers and small businesses have the same protections regardless of which financial service or product they are purchasing," Frydenberg said. Currently, consumers are protected against UCTs that would cause a "significant imbalance in their rights ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... - based on its Big Mac index - show that POTUS has reason to cry foul. "The Big Mac index is based on the theory of purchasing-power parity (PPP), which states that currencies should adjust until the price of an identical basket of goods-or in this case ...

Beware disruptors: Antipodes

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
... business model we don't want to own them." Savas says that she has observed a trend of these weak incumbent companies purchasing disrupters. She uses the example of IBM's recent purchase of RedHat. "They did that to keep their business alive," she says. ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... believing only 60% would be assessed as an asset. When asked whether product providers should inform advisers prior to purchasing products that are more appropriate for self-funded retirees, Lowe confirmed advisers needed to be kept informed of which ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... Standard director of economics and investments Ben Ong says. But super funds have incentive to stay in bank stocks and the purchasing power to buy more. "It is the same heavy weighting that, however, would prevent funds, particularly index funds, from ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... problems reported were a result of consumers having insufficient financial literacy skills for the product they were purchasing and who were obtaining it through a channel not designed to focus on their best interests," he said. "This research shows ...

Don't fear credit crunch: Deloitte

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
Financial advisers with clients working towards purchasing their first property or starting their own business need not be too concerned with tightened lending policies post-Royal Commission. Speaking at the Financial Standard Chief Economists Forum ...

Synchron slams RC on commissions

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... recommended to them. "It must be as clear to clients as knowing that when they drive into a Caltex service station, they are purchasing Caltex fuel," he said.

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... the second quarter to 6.5% in the third quarter is right bang on central command's target, Caixin's latest Purchasing Managers' survey indicate that the economy could be heading for stagnation. According to Markit Economics/Caixin: "The Caixin ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... sales agent used fast-paced and inaudible language that confused customers yet ended up committing the customer to purchasing a policy. Martin conceded this was "completely unacceptable." Today, Martin confirmed the number of inappropriate telephone ...