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Showing 291 - 300 of 7402 results for "Consumer"

How will Trump's tariffs impact the RBA?

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... Administration's approach will result in softer global growth," Miller said. "More importantly, the MPB will have the June quarter consumer price index (CPI) read. If that is around the RBA forecast of 2.6% - which I think it will be - then the MPB will ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
ACBF Funeral Plans has been ordered by the Federal Court to pay an additional $3.5 million penalty for misrepresenting that it was Aboriginal owned or managed when it was not. ACBF, a wholly owned subsidiary of Youpla Group (then ACBF Group), offered ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
Two former MWL Financial Services financial advisers who invested clients' superannuation in the Shield Master Fund have copped bans from the regulator. Matthew Simon Bradley has ceased working in financial services for eight years after ASIC found ...

GQG assets hit record high despite underperformance

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... goal of protecting client capital amid valuations and macro-economic volatility. In the March quarter, GQG slashed its consumer discretionary and information technology holdings to reposition for the "extraordinary market volatility" after US tariffs ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... most economists around the country who, led by the market, had jumped on the rate cut bandwagon," Bassanese said. "While consumer spending remains stubbornly weak, the labour market remains strong. And while the recent monthly CPI report showed a large ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... alignment with the legislative framework in a manner that is effective, efficient and economical as we strive to increase consumer trust across the financial services sector." Following the revised levy, FAAA chief executive Sarah Abood appealed to government ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
... that remain in the schemes so that they can be realised to the extent that they are available for the benefit of the consumer while we continue our investigative work," Court said. It is estimated that more than $480 million may have been invested in ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
ASIC has provided AFSLs new reliefs to help them manage the reportable situations regime, which includes extending the length of investigations reportable from 30 days to 60 days. Also in the relief, ASIC is exempting the reporting of certain breaches ...

Bombora Advice appoints new chair, managing director

ELIZA BAVIN  |  MONDAY, 30 JUN 2025
... role in helping to shape the future of financial advice in Australia," Handley said. "A passionate advocate for more consumer access to quality advice, he is committed to financial services diversity, including greater representation of women in advice ...

Brookfield to divest retirement living platform for $3.85bn

MATTHEW WAI  |  FRIDAY, 27 JUN 2025
... platform also partners with the Retirement Living Council and other industry peers to advocate for higher standards and consumer protections across the retirement living sector. Brookfield Real Estate chief executive Lowell Baron said the living sector ...