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Showing 11 - 20 of 53 results for "Australian Financial System"

ASIC drops Regal action

ANNABELLE DICKSON  |  WEDNESDAY, 16 JUN 2021
... acknowledge the important role that ASIC plays in ensuring the proper function and performance of the Australian financial system to the benefit of all market participants, including Regal and our investors," Regal chief executive Brendan O'Connor said. ...

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... System Inquiry's final report and Productivity Commission Inquiry Report into Competition in the Australian Financial System recommended the re-labelling of general advice to prevent confusion around the nature of advice being provided. Now, research ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... required to ensure that their services are provided in a fair and effective way. "ASIC believes the Australian financial system requires contemporary CS infrastructure that is efficient, resilient, reliable and scalable to meet existing and future needs ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... stimulus package was continuing to support the economy. "There was a very high level of liquidity in the Australian financial system and the policy package had helped to lower funding costs," it said. "Members noted that the Australian banking system ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... He said the bank's market operations are continuing to support a high level of liquidity in the Australian financial system. "Authorised deposit-taking institutions are continuing to draw on the Term Funding Facility, with total drawings to date ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... active in debt markets, have significant infrastructure and property holdings and invest in the wider Australian financial system." To deliver returns for members, the super system needs a strong economy, just as much as the economy needs a strong super ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... inflation. "The bank's market operations are continuing to support a high level of liquidity in the Australian financial system," Lowe said. "Authorised deposit-taking institutions are making use of the Term Funding Facility, with total drawings ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... final report, the Productivity Commission's final report on superannuation and competition in the Australian financial system, IMF's Financial Stability Assessment of Australia and APRA's own internal enforcement review. "The panel should to the extent ...

The rise of challenger banks in Australia: SIBOS

MICHELLE BALTAZAR  |  THURSDAY, 25 OCT 2018
... a higher bar and we think that's a good thing." The banking sector is the largest part of the Australian financial system. It is made up of 147 authorised deposit-taking institutions (ADIs) which collectively hold $4.6 trillion in assets, around ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... products should not be sold at all. They questioned if the Productivity Commission's competition in the Australian financial system report published in June 2018 is sufficient to address the problems that can arise where financial products are sold under ...