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Showing 201 - 210 of 3577 results for "Consumers"

AFCA chief operating officer departs

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... transformation project that has integrated a modern case management system, an updated member firm portal and a new portal for consumers," Locke said. Prior to joining AFCA Untersteiner spent more than 13 years with the Australian Taxation Office in ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... Cunneen said. "While income tax cuts last year and the solid jobs market are positives, the reality is that Australian consumers are reluctant to spend given the cost-of-living squeeze and high interest rates." Additionally, State Street Global Advisors ...

How much is needed to maintain your standard of living in retirement?

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
Super Consumers Australia (SCA) has unveiled new savings targets to help Australians work out how much they'll need to save for a lengthy retirement, provided they own their home outright. For single retirees aged 65 planning to spend at a "mid-level" ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... investment products so superannuation funds and fund managers no longer face significant barriers when transitioning consumers from legacy investment products to modern ones. The introduction of a product modernisation mechanism that provides CGT rollover ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
... BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock failed ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
... to assess whether these costs are affordable or sustainable, and the likely impact on the overall cost of advice to consumers." To date, the CSLR has paid 139 claims, amounting to $12.8 million in compensation.

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... further falls in inflation, as wages continue to be relatively elevated, despite recent moderation." Chelser added that consumers had continued to spend, despite the rocky economic conditions. "Australians are also continuing to demonstrate spending ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... sentencing should be a deterrent to those who operate outside of the law and whose actions can have a detrimental effect on consumers who entrust their money with others." Sipina is the third person to be sentenced for criminal offences relating to Courtenay ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
... reputation of Australia's financial services licensing regime." Court said ASIC took this case to stand up for vulnerable consumers. "Over a two-year period, USG and its authorised representatives downplayed the risk and overpromised profits of the high-risk ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... interests, and the likely objectives, financial situation and needs of all members." In 2023, MYOB was called out by Super Consumers Australia for allegedly funnelling people into Slate Super via its FlareHR subsidiary, apparently featuring Slate Super ...