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Showing 261 - 270 of 7453 results for "Consumer"

November rate cut likely off the table as inflation lifts

ELIZA BAVIN  |  WEDNESDAY, 29 OCT 2025
The Consumer Price Index (CPI) rose 1.3% in the September 2025 quarter and 3.2% annually, according to the Australian Bureau of Statistics (ABS). "The CPI rose 1.3% in the September 2025 quarter, which is the highest quarterly rise since March 2023. ...

APRA tackles 'weak demand' for longevity products in second consultation

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
APRA has launched a second round of consultations on the capital framework for longevity products in a bid to tackle the "weak demand" for such products including annuities. The prudential regulator has released several proposals in the next stage of ...

MLC sets sights on top super funds

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
MLC Super chief executive Dave Woodall said MLC hopes to have cracked the top three superannuation funds in terms of size as part of its 2030 strategy. Speaking at a client event this morning, Woodall said the transition back to the MLC brand was the ...

Actuaries Institute makes proposal to close advice gap

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
... financial advice landscape in Australia is undergoing significant transformation. Increasing regulatory change, heightened consumer expectations and the pressing need to close the advice gap have created urgency for a more accessible, scalable and trustworthy ...

Shield, First Guardian fallout calls for tougher scrutiny on research houses, licensee governance

MATTHEW WAI  |  FRIDAY, 24 OCT 2025
The fall of the Shield Master Fund and First Guardian Master Fund calls for tougher scrutiny of research houses and licensees to strengthen their governance framework, according to experts, who warn that an entrenched system requires an urgent shakeup. ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... conditions; they're merely defaulting to an exclusion. AFCA provides administrative services to Life CCC and resolves consumer complaints against life insurers in relation to breaches of the Code. "... our inquiry found policies that excluded cover ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
ASIC has banned Wade Spooner of Melbourne for eight years for advising his clients to invest their superannuation into the Shield Master Fund while he was an authorised representative of MWL Financial Services. Spooner, also a member of MWL's investment ...

'We have entered a new economic era': CBA

ELIZA BAVIN  |  WEDNESDAY, 22 OCT 2025
Commonwealth Bank (CBA) chief economist Luke Yeaman has warned investors that the world has entered a "new economic era" where the rules are "very different", in his most recent economic update. "Things that have been disdained in recent decades are ...

Public feedback welcomed for Life Code improvements

MATTHEW WAI  |  MONDAY, 20 OCT 2025
... released a consultation paper, setting out key questions to stakeholders and the public on how the Life Code can improve consumer benefits and insurers' conduct. The review was initiated by the Council of Australian Life Insurers (CALI) in July and is ...

Super risks continue as advice gets all clear

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
... unregulated channels. "Although no systemic determinations were made this quarter, these themes remain central to preventing consumer detriment and sustaining trust in the advice sector," AFCA said. "They also align with ongoing regulatory priorities ...