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Showing 281 - 290 of 1562 results for "Competition"

ACCC not opposed to NAB, Citi deal

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
... Citigroup's Australian consumer business (Citi) by NAB after a review found the transaction would not substantially lessen competition. The review focused on competition in the supply of credit cards, as Citi is a substantial provider of credit cards ...

RBA names head of payments policy

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... payments policy include the shift to digital payments, research into innovations in the payments system, resolving competition and efficiency issues and promoting the safety and resilience of financial market infrastructures and payment systems. The ...

Downward fee trend hits ESG

ELIZABETH MCARTHUR  |  MONDAY, 22 NOV 2021
... decreased by 14% since 2016. Bfinance theorised that more managers entering the ESG space has resulted in heightened competition for assets and a refinement in pricing. The research also found management fees for renewable energy infrastructure strategies ...

Bond scam defrauds SMSFs $2.8m

KARREN VERGARA  |  MONDAY, 15 NOV 2021
... obtaining financial benefit by deception and 13 counts of reckless dealing with proceeds of crime. The Australian Competition and Consumer Commission found that Australians have lost over $70 million to investment scams in the first half of 2021. This ...

Crypto regulation proposed: Bragg

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... framework for digital assets and crypto-asset businesses to protect consumers, promote investment in Australia and deliver competition, but the industry has concerns. The Select Committee on Australia as a Technology and Financial Centre, chaired by ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... Super (0.81%), Rest (0.89%) and EISS Super (0.89%). The fee cuts follow years of regulatory scrutiny and increased competition, with Rainmaker Information executive director of research Alex Dunnin saying driving fees down is the retail sector's ...

Resolution Capital adds infrastructure fund

JAMIE WILLIAMSON  |  TUESDAY, 5 OCT 2021
... telecommunications infrastructure. The underlying physical assets of the securities within the portfolio have high barriers to competition, require significant capital investment and typically generate long-dated, predictable cashflows, de Vos said. ...

Retirement Income Covenant closer to materialising

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
... Retirement Income Covenant gives retirees the confidence to spend their superannuation savings, while enabling choice and competition in the retirement phase of superannuation. "The Retirement Income Covenant will support retirees to have the confidence ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... found that while the managed funds industry is competitive, retail investors may not receive the full benefits of competition. Report 702: Competition in funds management acknowledged the significant number of intermediaries in the industry and said ...

BlackRock warns against reforms based on assumptions

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
... increased ticket prices between 2001 and 2014, BlackRock said the theory of common ownership leading to decreased competition "is based on fundamental misconceptions about the role of fund managers as shareholders on behalf of diverse clients with diverse ...