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Showing 1451 - 1460 of 7382 results for "Consumer"

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
... economic "outlook remains highly uncertain, determined in large part by both health-related restrictions, and business and consumer confidence". As such it will keep on giving... "The Committee agreed to maintain its current stimulatory monetary settings ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... in February signals continued strength in conditions and confidence going forward. No worries too for the Australian consumer. The Westpac-Melbourne Institute index of consumer confidence rose by 6.2% to a reading of 118.8 in March - the highest level ...

Amundi revamps climate fund

ANNABELLE DICKSON  |  MONDAY, 12 APR 2021
... fund will ensure that employees that will be involved in industries that need restructuring can find new jobs and that consumer goods are accessible at low prices. In addition, the fund aims to ensure the costs and benefits of the transition are shared ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... July 2015, ASIC claims the bank sold the products under false and misleading pretenses, asserting its right to charge consumer credit insurance (CCI) premiums customers were not liable to pay. "The supply of the CCI and the debiting of amounts for premiums ...

CBA to pay $7m for overcharged interest

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
The Federal Court has imposed a $7 million penalty on Commonwealth Bank for charging higher interest rates on business overdraft accounts than what it advised its customers over a four-year period. Following an investigation by ASIC, CBA admitted to ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... "is expected to continue, with above-trend growth this year and next" is affirmed by recent indicators - employment and consumer and business confidence, among others - and upgrades to the domestic economy's growth outlook by international agencies. ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... released pent-up demand for many of their respective companies' services". The Services PMI report backs up rise in US consumer confidence (reported earlier). The Conference Board's consumer confidence index jumped by 19.3 points - the biggest ...

Aussies to lose $100m to fraudsters

KARREN VERGARA  |  THURSDAY, 1 APR 2021
Investment scams robbed Australians $65 million last year and are tipped to lose up to $100 million in 2021. This is according to Finbold, which found that investment fraud was the number one scam that prey Australians. Dating and romance scams (23%) ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... are turning away from annuities because it would mean a lost opportunity for the adviser, rather than being driven by consumer benefit." They said the government's increasingly stringent regulation for advice may also put advisers off recommending them ...

Risk inflows stagnant, satisfaction varies

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
Risk premium inflows experienced marginal decreases in the 12 months to December 2020 as the gap in consumer satisfaction grows, new research shows. The latest data from Plan For Life showed total inflows increased 0.5% to $16.3 billion with just a ...