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Showing 11 - 20 of 63 results for %22Small Business Ombudsman%22

AFCA names two lead ombudsmen

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
The Australian Financial Complaints Authority (AFCA) has appointed two lead ombudsmen for insurance and small business, hiring from ASIC and Westpac. Emma Curtis has been appointed as lead ombudsman, insurance and Suanne Russell joined as lead ombudsman ...

AFCA welcomes new chair

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... tenure, AFCA received over 188,000 disputes with over $522 million being paid in compensation to consumers and small business owners.

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
Small business owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... the delivery of its priorities. These include Treasury's engagement with key agencies like ASIC and the Small Business Ombudsman ($49m) and the continued operation of the Financial Adviser Standards and Ethics Authority until December 31 ($2.5m).

Review of AFCA underway

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... decision can be reviewed. The review asks for feedback on how such a mechanism should operate to ensure consumers and small business have access to timely decisions by AFCA. "The establishment of AFCA represented significant reform of financial services ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... chair of AFCA, Helen Coonan has helped to establish a world-class ombudsman service that is free to consumers and small business, and binding on financial firms. During her time as chair, AFCA has assisted over 153,000 Australians to resolve disputes ...

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
... and economic crises Australia has ever experienced," Locke said. "It has had a significant impact on Australian consumers, small businesses, and the Australian financial services industry."

Interim insolvency protections extended

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... increased from$5000 to $20,000; the time to pay or respond has increased from 21 days to six months. The Australian Small Business and Family Enterprise Ombudsman Kate Carnell welcomed the extension. "These necessary measures give otherwise viable small ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... said. "Throughout the process AMP has consulted with affected advisers, the industry associations and the Small Business Ombudsman, including participating in several mediation sessions with advisers. We are providing support to advisers to help them ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... July, a class action was filed against AMP by its own advisers over the reduction in BOLR values. The Australian Small Business and Family Enterprise Ombudsman has continued to urge AMP to mediate with its advisers. By January 2020, the ombudsman had ...