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Showing 1391 - 1400 of 7378 results for "Consumer"

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... economy." Ergo: "The Committee agreed to maintain its current stimulatory monetary settings until it is confident that consumer price inflation will be sustained near the 2% per annum target midpoint, and that employment is at its maximum sustainable ...

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... (ACL). Direct My Wealth also failed to maintain its membership with AFCA. "Under the Corporations Act 2001 and National Consumer Credit Protection Act 2009, ASIC may suspend or cancel an AFSL and ACL if the licensee is no longer providing financial services ...

Aware Super adds government relations head

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... experience in senior positions across the financial services sector and government, Andrea brings a track record of delivering consumer-focused policy reforms to this role," Aware Super chief of staff Debra Mika said. "She has previously played a key ...

Actuaries Institute unveils IDII recommendations

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... Without changing the use of financial advisers or other distribution methods, the industry should thoroughly investigate consumer preferences for features/price trade-offs, and introduce simpler and cheaper product alternatives, the taskforce said. "Life ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... "Average selling prices for goods and services are both rising at unprecedented rates, which will feed through to higher consumer inflation in coming months." In the Eurozone: "This imbalance of supply and demand has put further upward pressure on prices. ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... for wages growth, particularly for those whose pay increases are tied to the CPI's performance. Then again, rising consumer prices relative to wages growth could turn into "Houston, we have a problem". This is because rising consumer prices plus ...

Tempered positivity post-pandemic: Experts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... that consumers have also bounced back, mostly as a function of the stimulus - although, much of that influx of cash into consumer's wallets came from early super withdrawals. And Xero data revealed that small businesses have also bounced back in Australia ...

Draft advice reforms not enough: FPA

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
The Financial Planning Association of Australia used its submission on the single disciplinary body for financial advisers to renew calls to remove the Tax Practitioners Board as a regulator of the sector. While the association welcomed the plan to ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... May 11. But as Ella Fitzgerald sings, "into each life some rain must fall". The Westpac-Melbourne Institute index of consumer confidence dropped by 4.8% in May from April. Then again, and as Westpac points out, "It is still the second highest print for ...

Life insurers getting into rehab concerning: SCA

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
Life insurers offering rehabilitation services of policyholders has its demerits, says Super Consumers Australia director Xavier O'Halloran. Speaking at a panel on the future of life insurance in Australia, O' Halloran said while insurers getting ...