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

Search Results

Showing 1531 - 1540 of 3583 results for "Consumers"

Aussie fintech usage surges

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
... Australia, there are 400 fintech companies in the country, 72% of which supply services to businesses and 54% cater to consumers. The sector is proving to be lucrative, with median revenue jumping 200% in the year to June, Fintech Australia found in ...

Industry funds must renew aged care investment focus

EMMA RAPAPORT  |  FRIDAY, 10 NOV 2017
... roundtable, including representatives from AustralianSuper, Cbus and IFM Investors discussed services that would help consumers plan for their aged care and better understand and navigate the complex system. Australia, like most developed countries ...

China's inflation lift indicates strong demand

BENJAMIN ONG  |  FRIDAY, 10 NOV 2017
... The pick-up in CPI inflation indicates that Chinese producers are able to pass on the higher costs of production onto consumers. Indeed, chinadaily.com.cn reports: "On the back of strong producer prices, China's major industrial firms posted faster profit ...

ASIC needs tougher, direct powers: Taskforce

KARREN VERGARA  |  THURSDAY, 9 NOV 2017
... breach occurred but has not established an appropriate remediation program to assess whether compensation is payable to consumers affected by the breach," the Taskforce said. In identifying these issues, it recommended ASIC have the power to direct how ...

ANZ hires Silicon Valley consultant for innovation

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2017
... reality is it's hard out there. It's a competitive market. We've got our traditional competitors, new competitors and consumers are voting with their feet," he said. "[It's] tough times, but that's exactly why we're in this transformation phase."

Suncorp ditches plans for Tower acquisition

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
... share. The New Zealand regulator rejected Vero's application to acquire Tower in July, saying it posed a real risk that consumers would end up paying higher prices for insurance cover. The merger would have removed Tower as the only independent competitor ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
... the government's plans to introduce an open banking regime by 2018 is set to alter the relationship between banks and consumers. "While there is no doubt open banking will be disruptive, for forward-thinking and well-prepared banks, it will also offer ...

Oil's gift to central bankers

BENJAMIN ONG  |  TUESDAY, 7 NOV 2017
... electricity costs of operations as well as transport costs, among others. These higher costs would eventually be passed on to consumers.

FinPal integrates broking capabilities

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
... and mortgage broking. Over the last few years, we've seen an increasing effort to integrate these services and offer consumers a one-stop-shop. Unfortunately, the integration generally stops at the sign on the door." Handley said FinPal will become a ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... unemployment rate dropped to 5.5% in September from 5.6% in the previous month). The erosion of household finances leaves consumers no other choice but to cut back on spending. Foremost of these is the ballooning household debt - it stood at a record ...