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Showing 1561 - 1570 of 7383 results for "Consumer"

Westpac sells Pacific to PNG bank

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
... said. "Kina is a strong brand in the region and is well positioned with deep local knowledge to continue to help our consumer and business customers succeed." The sale is expected to be completed by the second half of FY2021 and Westpac expects an accounting ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
... he is sworn in on January 20 next year). In the meantime, the multiplying number of infections is putting a brake on consumer spending, that's affecting employment, that circle its way back to spending. US non-farm payrolls rose by 245,000 in November. ...

Advisers should service cashed-up investors: FCA

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
... Authority, is the need for more consumers to invest. But this is contingent on an advice market that offers a broader range of consumer support services so they have the confidence to invest, the FCA found. Complaints made about dodgy financial advisers ...

ASIC consults on consumer remediation

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... Guide 256: Client review and remediation conducted by advice licensees will be clarified through Consultation Paper 335 Consumer remediation: Update to RG 256. The clarifications will include RG 256's application to all financial service licensees, credit ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
The best superannuation and pension funds have been named in the annual Money magazine Best of the Best Awards. In determining the awards, Rainmaker Information reviewed MySuper products, and asset classes that include growth, balanced, moderate (capital ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... growth. The outlook is even brighter should the larger-than-expected gain in employment in October continue, boosting consumer confidence and even more spending that, in turn, lifts already improving business confidence and profits, prompting increased ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...

International consortium sets sights on Optus

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
A consortium of investors including a $116 billion Canadian pension fund has appointed financial advisers to participate in the upcoming sale of Optus towers. Symphony Consortium, consisting of the Ontario Municipal Employees Retirement System (OMERS) ...

Dollarmites faces more backlash

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... encouraging them to establish bank accounts and make ongoing deposits into those accounts. In light of the Victorian ban, consumer comparison site RateCity.com.au is urging parents with children enrolled in Dollarmites to switch to savings accounts with ...

COVID-19 upends business travel, technology

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... found nearly two-thirds (64%) of chief executives in the Asia Pacific leading the financial services, real estate and consumer goods sectors are rethinking about the way they visit offshore operations as technology has made it possible to communicate ...