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Showing 11 - 20 of 857 results for %22Australian Competition%22

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... government and the FCA have published today will explore how we can achieve exactly that." In facing similar challenges, the Australian government handed down its first phase of financial advice accessibility reforms on December 7. The Delivering Better ...

Global X accelerates push to leapfrog local rivals

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
... having reached $6 billion AUM in 2023, is now pursuing a goal of $10 billion by 2025, with the hope of increasing its Australian market share. Global X chief executive Evan Metcalf said the firm is determined to lead the way in delivering an improved ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... regional bank failures such as Silicon Valley Bank and the collapse of Credit Suisse. "It was probably the test of the [Australian] financial system that we've got and the prudential regulation that goes around that. I'm very proud of the team ...

Government consults on reforms to merger rules

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... mergers that don't deliver benefits to consumers, workers and the wider economy." Additionally, the Australian Competition and Consumer Commission (ACCC) has also raised concerns about Australia's merger regime. According to the consultation ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... and depositors more negotiating power." PwC said the year indicates that competition for loans and deposits in the Australian banking sector tempered the earnings benefit of rising rates. It flagged banks are experiencing inflationary pressures in their ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... that all efforts are made to eliminate attempts of wrongdoing," Motto said. It appears that ASIC and the Australian Competition and Consumer Commission (ACCC) would be only parties able to bring an action under certain provisions of the Corporations ...

Australian farmland values in decline: Report

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
Australian farmland values have reached an inflection point in 2023 following a sustained period of strong growth, according to Rural Bank's latest report. In collaboration with Digital Agricultural Services (DAS), Rural Bank's Australian Farmland Values ...

ANZ breached disclosure laws in 2015 raise: Court

CHLOE WALKER  |  MONDAY, 16 OCT 2023
... shortfall when raising $2.5 billion from institutional investors. The finding follows the failure of the Australian Competition and Consumer Commission's criminal case against ANZ and its underwriters last year. Federal Court Justice Moshinsky said that ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... to financial advice," he said. The bill also houses two unrelated pieces of legislation. The first facilitates more competition in the clearing and settlement of cash equities traded in Australia, which is dominated by the ASX's ASX Clear and ASX Settlement. ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... economy is holding up fairly well so far," Kasser concluded. Financial Standard is the official media partner of the Australian Institute of Superannuation Trustees' 2023 ASI Conference. You can subscribe to AIST's free newsletter here.