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Showing 1641 - 1650 of 3585 results for "Consumers"

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... would require the banking sector to share product and customer data when requested by the customer. This will provide consumers with greater choice and also support greater competition in financial services. The review will consider appropriate privacy ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... expanding $32 billion each - confirming how Australia's commonwealth budget is paid for overwhelmingly by wage earners and consumers not the corporate sector. But offsetting this is a $70 billion infrastructure program, annual welfare and social security ...

Asia-Pacific needs more retirement income specialists: Milliman

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... comprehensive retirement income systems. Global consulting and actuarial firm Milliman said across the Asia-Pacific consumers feel as if their national retirement systems' provisions are "inadequate", and have flagged the potential for private market ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... competition across Australia's financial system. The Productivity Commission has been tasked to deliver better outcomes for consumers and small businesses, as well as improve the financial system's productivity and international competitiveness, Treasurer ...

APRA and ASIC launch insurance claims pilot

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... to collect and publish credible, reliable and comparable data on an insurer-level basis. Such information will enable consumers to better understand insurance products and more confidently engage with insurers," APRA member Geoff Summerhayes said. "Transparency ...

CFA considers AI, robo-advice in exams

KARREN VERGARA  |  THURSDAY, 4 MAY 2017
... human advice, the institute said. CFA Institute analyst Svi Rosov said: "Fintech is attracting increasing attention from consumers, investors, the investment management industry and regulators across the globe." "Our survey confirms the intuition that ...

Unlicensed financial services' provider convicted

EMMA RAPAPORT  |  WEDNESDAY, 3 MAY 2017
... promoting and operating an illegal scheme that exposed his clients to potential legal and financial risk, and urged consumers to deal only with licensed representatives. ASIC's investigation arose from an intelligence report lodged by the Australian ...

Banks can offer fintech an olive branch

EMMA RAPAPORT  |  MONDAY, 1 MAY 2017
... competitive unless there are less barriers for challengers to enter the banking sector and provide greater choice for consumers," FinTech Australia chief executive Danielle Szetho says. This is an extract of a news story first published in the latest ...

The growth-inflation divide

BENJAMIN ONG  |  FRIDAY, 28 APR 2017
... raises deficits and debts - ones that need to be recovered sometime in the future... through higher taxes. Businesses and consumers might be anticipating this and so are saving for when its clawback time and so are not prepared to spend at higher prices. ...

Countplus chair steps down after 11 years

ALEX BURKE  |  THURSDAY, 27 APR 2017
... company capture "organic growth opportunities." "We see a near-term supply and demand bottleneck. Demand from ageing consumers reaching retirement age, the need for sound wealth counsel is rising in Australia, yet the supply of non-conflicted, high-quality ...