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Showing 261 - 270 of 7402 results for "Consumer"

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
ASIC is targeting the perfect storm of declining public market listings, booming private markets and the growing influence of superannuation funds as key enforcement priorities over the next four years, insisting that it is not sitting on the sidelines. ...

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
The monthly Consumer Price Index (CPI) indicator rose 2.8% in the 12 months to July 2025, according to the latest data from the Australian Bureau of Statistics (ABS). "The 2.8% annual CPI inflation to July was up from 1.9% to June. This is the highest ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Super funds should prompt members on death benefits: SCA

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Super Consumers Australia (SCA) has called on superannuation funds to do more to prompt members to complete a binding nomination and clearly communicate why it is important they have one. This comes as SCA released new research showing that 36% of Australians ...

Betashares adds emerging markets ETF

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
... August 25 - will provide investors with access to over 1200 companies in key sectors such as technology, financials, consumer goods and resources. These companies span across more than 20 emerging economies including Asia, Latin America, eastern Europe ...

Anti-hawking exemption for advisers a 'silly carve out': SCA

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... ensure consistency between selling financial services and financial products. In response to an Australian Competition and Consumer Commission (ACCC) consultation on unsolicited selling and lead generation, SCA drew attention to the collapsed First Guardian ...

ASIC warns of 'sharp rise' in financial misconduct

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... an average of 130 scam websites each week. Commenting, ASIC chair Joe Longo said the data underscores ASIC's focus on consumer and retail investor protection. "This data shows exactly why we regularly issue consumer warnings and update our advice through ...

CEDA calls for 'seamless economy' reforms as Roundtable begins

ELIZA BAVIN  |  WEDNESDAY, 20 AUG 2025
... delivered an estimated $6 billion in annual benefits to the economy. The Productivity Commission estimates the Australian Consumer Law alone benefits the economy by $880 million a year. "Frictions that prevent firms from operating across Australia restrict ...

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... do better when it comes to their direct sales practices that have placed doubt on their compliance obligations and put consumer outcomes at risk. While some life insurance firms have improved since ASIC's 2018 review into direct sale practices, "notable ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
... message to other financial institutions - customers should be at the centre of what you do." Meanwhile, in a letter to consumer advocates, NAB executive customer services Jocelyn Turner acknowledged the shortcomings and shared some of the progress on ...