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Showing 331 - 340 of 8004 results for "Average"

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... comply with its obligations under the ePayments Code and let its customers down when they needed their help the most, on average taking 145 days to investigate customers' reports that they had been scammed," Court said. "We are also concerned that ...

Productivity Commission tasked with five new inquiries

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... cleaner energy and the net zero transformation. "Weak productivity has been a feature of our economy for some time, with average annual labour productivity growth in Australia over the decade to 2020 falling to the lowest level in 60 years," Chalmers ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... complaints made directly to it and through the Australian Financial Complaints Authority (AFCA) amongst other things. The average number of days to resolve a complaint lodged with AFCA was 132 days in the quarter ending March 31, which slightly improved ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... This contributed to the rise in employment and fall in unemployment." Employment grew 0.2% in November 2024, following an average monthly rise of 0.3% since the middle of 2024, in line with recent population growth. "The participation rate fell by 0.1 ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... nearly three million Australians were shortchanged out of $5.1 billion in superannuation entitlements in 2021-22. The average affected worker - mostly women, people in insecure work, migrants, and younger workers - lost $1800 in super, which could result ...

Insignia taps SS&C, outsources 1000 workers

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... efficiency to their master trust business," he said. Transition costs are part of the $60 million to $80 million per annum average reinvestment spend Insignia has budgeted across FY26-30. Insignia Financial and SS&C said there is no certainty that the ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... support received from Stage 3 tax cuts. However, illion's data also found that, although the tax cuts may have helped many average households service their debts, it hasn't yet had the same impact on high risk and vulnerable groups - those with more ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... Jones said, despite concerns, with so many Australians approaching retirement, something needs to be done to help the average Australian access advice. "There's about five million Australians who are either at or approaching retirement, but there's ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
... "substantial increase" in the rate of mental health condition claims among 30- to 40-year-olds was pronounced enough to lower the average age of people permanently disabled due to mental health by three years. The data showed the average age of Australians ...

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... situations had taken more than one year to be identified; one took 12.5 years to be investigated and reported as a breach. On average, investigations into incidents that were later reported as a breach took 39 days. However, the average time to report ...