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Showing 1681 - 1690 of 7383 results for "Consumer"

ASIC warns Indigenous Australians over scams

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
... scams. The Australian Securities and Investments Commission is one of the agencies responsible for the National Indigenous Consumer Strategy and reveals the costly effects of consumers giving out personal details over the phone and email. There were ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
The Australian Competition and Consumer Commission (ACCC) has told Financial Standard that the nature of superannuation scams is shifting, having seen a 55% increase in cases of identity theft. The ACCC's national scam awareness week this year is focussed ...

S&P 500 rebounds from COVID-losses

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... review of the phase-one US-China trade deal is in limbo. These are two potential catalysts for equity market volatility." Consumer discretionary (+1.46), communication services (+1.09%) and information technology (+0.39) lead the gains amongst the different ...

Industry veterans launch dealer group

ALLY SELBY  |  MONDAY, 17 AUG 2020
... Kent will develop and evolve with technology to make the advice process better and ultimately more affordable for the consumer, Alexander said. "If the dealer group's expensive, then the adviser is going to have to charge expensive fees to the client ...

ASIC winds up illegal land banking scheme

ALLY SELBY  |  MONDAY, 17 AUG 2020
The Federal Court has made orders to wind up an investment group which swindled 270 investors of more than $10 million in an illegal unregistered land banking scheme. ASIC will wind up Askk Investment Group following an extensive investigation. The ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... then becomes a vicious circle where consumers, fearing loss of income and/or lower wages, save rather than spend. Less consumer spending leads to reduced business revenues and profits that, in turn, removes all business' raison d'etre and hindering ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... total book. Of these deferred customers, 47% are receiving JobKeeper payments, of which 31% are in property-related or consumer facing businesses.

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... jumped to 2.6% in the June quarter from only 0.03% in the March quarter. That's a lotta dinero that would go towards consumer spending that, by extension, should avert a deeper recession. However, more "real" dollars to spend is negated by the renewed ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... also noted that an independent review of the program could be held part-way through the trail period as an additional consumer safeguard. This would help determine whether the advice provided as part of the program was helping clients better manage their ...

Advice firm awarded international certification

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
Shadforth Financial Group has achieved the international fiduciary certification following an assessment by the Centre for Fiduciary Excellence. Shadforth is now one of just seven Australian advice firms to have the certification. "Advice relationships ...