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Showing 181 - 190 of 2955 results for "Little"

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... diligence arrangements to assess and monitor third-party distributors, poor quality suitability questionnaires, and do very little monitoring of consumer outcomes and product performance after a product has been distributed. In turn, it identified a ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... the largest increase to interest rates in Australia since the late 1980s. "Mortgage delinquencies are likely to rise a little further from here but remain low as a share of total loans," Mousina said. "But, the probability of large-scale housing loan ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... aggressive than the Fed in raising the policy rate to tackle inflation. "The flip side is that it might need to exercise a little more patience when it comes to cutting the policy rate." Geoffrey Kingston from Macquarie University Business School said ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... underlying demand for housing," he said. "In practice, the scheme proposed by the Liberal and National Parties would be of little benefit to people in the 'traditional' first-home buyer age cohort of 25-34 years, because their accumulated superannuation ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... services, build new homes and refurbish existing ones, offering more beds," UnitingCare Australia national director Claerwen Little said. "Every Australian deserves to age with dignity regardless of their financial circumstances and we hope that the ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... surveillance found only a few issuers monitored consumer outcomes and product performance. It also found that most issuers "took little to no steps to test the outcomes of the product after it was distributed." "In circumstances where subsequent acquisitions ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
... to be coming back into the bank's 2-3% targe range, it remains too high. "With underlying inflation having fallen very little over the past year in quarterly terms, the board is vigilant to upside risks," Bullock said. "That is why, as the board has ...

Melbourne adviser sentenced to 18 months' prison

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
... which he was the sole director. Grimm admitted each of the companies, Thrive Lending, Trade BTC, and Beta Pharmacology, had little market value. On a further seven occasions between 5 November 2015 and 11 November 2015, Grimm dishonestly transferred ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... message: caregiving is valued, and financial security in retirement is a right. "It's about time we delivered this little bundle of fairness, and we couldn't be happier." Rest has also called on parliament to pass the legislation without delay. ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... head of Australian economics Gareth Aird held his prediction for a November cut. "The overall message out of the RBA was a little more hawkish than we anticipated. But given the RBA is highly data dependent it will ultimately be the data that determines ...