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Showing 251 - 260 of 7359 results for "Consumer"

GQG assets hit record high despite underperformance

KARREN VERGARA | WEDNESDAY, 9 JUL 2025

... goal of protecting client capital amid valuations and macro-economic volatility. In the March quarter, GQG slashed its consumer discretionary and information technology holdings to reposition for the "extraordinary market volatility" after US tariffs ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN | TUESDAY, 8 JUL 2025

... most economists around the country who, led by the market, had jumped on the rate cut bandwagon," Bassanese said. "While consumer spending remains stubbornly weak, the labour market remains strong. And while the recent monthly CPI report showed a large ...

CSLR releases revised levy estimate

ELIZA BAVIN | FRIDAY, 4 JUL 2025

... alignment with the legislative framework in a manner that is effective, efficient and economical as we strive to increase consumer trust across the financial services sector." Following the revised levy, FAAA chief executive Sarah Abood appealed to government ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA | THURSDAY, 3 JUL 2025

... that remain in the schemes so that they can be realised to the extent that they are available for the benefit of the consumer while we continue our investigative work," Court said. It is estimated that more than $480 million may have been invested in ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA | MONDAY, 30 JUN 2025

ASIC has provided AFSLs new reliefs to help them manage the reportable situations regime, which includes extending the length of investigations reportable from 30 days to 60 days. Also in the relief, ASIC is exempting the reporting of certain breaches ...

Bombora Advice appoints new chair, managing director

ELIZA BAVIN | MONDAY, 30 JUN 2025

... role in helping to shape the future of financial advice in Australia," Handley said. "A passionate advocate for more consumer access to quality advice, he is committed to financial services diversity, including greater representation of women in advice ...

Brookfield to divest retirement living platform for $3.85bn

MATTHEW WAI | FRIDAY, 27 JUN 2025

... platform also partners with the Retirement Living Council and other industry peers to advocate for higher standards and consumer protections across the retirement living sector. Brookfield Real Estate chief executive Lowell Baron said the living sector ...

Inflation continues to drop, calls for RBA cut grow

ELIZA BAVIN | WEDNESDAY, 25 JUN 2025

... of Statistics (ABS) data shows inflation rose 2.1% in the 12 months to May, down from 2.4% in April. "The 2.1% annual Consumer Price Index (CPI) inflation in May was down from 2.4% in April and the lowest since October 2024," ABS head of prices statistics ...

Super Fierce goes into liquidation

KARREN VERGARA | WEDNESDAY, 25 JUN 2025

Super Fierce, the digital advice platform that compares superannuation products, is now in liquidation three years after it launched. Trenna Probert and Craig Swanger, co-founders of Super Fierce, officially launched it on International Women's ...

Life insurer chief executives step down, successor named

MATTHEW WAI | TUESDAY, 24 JUN 2025

... financial services sector globally, including his most recent stint at Accenture. Prior to that, he was chief executive, consumer and business banking for three years at Westpac. He also held executive titles across various institutions including Standard ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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