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Showing 141 - 150 of 328 results for "Small businesses"

AFCA gets 1450 complaints a week

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... Identitii and Money Tree. In its first six months in operation, AFCA collected over $83 million for consumers and small businesses as a result of its complaints handling and resolved 60% of the 35,000 complaints received. AFCA declined to comment on ...

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
... recommendations. "Removing the exemption for insurance contracts from the UCT regime will ensure consumers and small businesses have the same protections regardless of which financial service or product they are purchasing," Frydenberg said. Currently ...

AFCA looks to expand senior ranks

KRISTI CHENG  |  FRIDAY, 26 JUL 2019
... aftermath of the Hayne Royal Commission; in its first six months of operations more than 35,000 consumers and small businesses raised issues with the authority.

AFCA delivers $83 million win

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
The Australian Financial Complaints Authority has collected over $83 million for consumers and small businesses in just six months. In its first six months of operations, AFCA received over 35,000 complaints and 60% of those have already been resolved. ...

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... bank account, with even more dire numbers for women. "The cost of that exclusion is high - approximately 70% of small businesses in developing countries lack access to credit and $25 billion is lost by migrants every year through remittance fees," Facebook ...

ASIC approves AFCA rules change

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... government's additional condition, AFCA is now required to provide access to the AFCA scheme for consumers and small businesses harmed by financial misconduct as far back as January 2008. AFCA will be able to deal with certain complaints about misconduct ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
... process in arriving at the decision, but said the increase - which exceeds inflation - would add pressure to small businesses. "The decision to pay Australia's 2.2 million award dependent workers an extra $21.60 per week from July 1 fell well short of ...

AFCA seeks to strengthen leadership

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
... experienced an unprecedented level of complaints in its first six months of operations - with over 35,000 consumers and small businesses raising issues with the authority. "We also take very seriously our role of working with the financial firms who ...

Fintech no real threat: Researcher

ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
... National Consumer Credit Protection Act. This has helped these businesses grow rapidly, Moody's said. Loans to small businesses have also become a key focus for fintechs, while it is not for the big banks. Judo Bank, which was granted an ADI just last ...

Super funds to dominate ASX: Research

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... smaller companies? That is, how do we create channels to enable super funds to invest into start-ups as well as small businesses and how do we create channels for them to invest into businesses that may not be listed on the ASX, such as those in the ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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