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Showing 11 - 20 of 3388 results for "Response"

AFCA puts InterPrac determinations on ice

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... a defendant in the case related to its proceedings against AFCA, claiming the complaints body treated it unfairly. In response, Kee said: "Victims are no longer just fighting to recover their retirement savings. We are now being forced to fight the very ...

ASX tech spend drives capex to $200m

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
... data and integration platforms. Several reform initiatives are also driving up expenses. This includes investing in its response to the ASIC Inquiry, most notably the Accelerate program. The program involves a reset of new targets and benchmarking agreed ...

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
... six-year period. The Federal Court found the bank failed 277 customers facing financial troubles by not providing a written response to their online hardship notices during the relevant period. Westpac should have responded to hardship notices within ...

FAAA pushes for 'fundamental' changes to CSLR

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
... Australians who have sought financial advice or who would seek advice if they could afford it," the submission read. In response to Curbing lead generation activity proposed reforms, it is "strongly opposed to any proposal to remove or scale back the ...

Financial services failing to provide consistent outcomes: AFCA

MATTHEW WAI  |  FRIDAY, 22 MAY 2026
... during individual interactions, but actions conducted by the firms were "not consistently" adjusted to their frameworks in response. AFCA said it highlights the importance of systems across customer touchpoints and enable appropriate escalation or flexibility ...

Hostplus, AIA lose $1.4m TPD dispute

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... have answered the health question in the affirmative. "Accordingly, the panel is satisfied the complainant's negative response to the health question was a misrepresentation." As a result, the AFCA panel determined AIA unreasonably delayed paying both ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... their members save for retirement, but we allege Equity Trustees failed to put the interests of their members first." In response to ASIC's fresh action, Equity Trustees said it intends to defend the proceedings. "We have previously advised the market ...

Oil price shock to hit consumers 'relatively quickly': RBA

RIDDHIMA TALWANI  |  WEDNESDAY, 20 MAY 2026
... Hunter said, if households and businesses cut back on consumption and investment by more than the RBA anticipates in response to cost-of-living pressures and uncertainty.

Investor demand for infrastructure asset mandates intensifies: bfinance

MATTHEW WAI  |  TUESDAY, 19 MAY 2026
A new analysis shows momentum in private market search activity for real assets, including infrastructure, remained strong among institutional investors in the first quarter of 2026, despite private markets slowdown. According to bfinance's Q1 2026 ...

ASIC furthers simplification with regulatory roadmaps

ELIZA BAVIN  |  TUESDAY, 19 MAY 2026
... balance to ensure we maintain the strong protections that make Australia an attractive place to invest and do business." In response to feedback received following the release of Regulatory simplification (REP 813) in September 2025, ASIC has also developed ...