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Showing 331 - 340 of 979 results for "Financial System"

Frydenberg appoints second APRA deputy chair

HARRISON WORLEY  |  TUESDAY, 18 SEP 2018
... years of experience in Treasury, Frydenberg said he was confident Lonsdale would bring a deep knowledge of the financial system and policy expertise to APRA. According to the Treasurer, appointing a second deputy chair ensures APRA's executive group ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... superannuation industry, questioning their purpose in safeguarding retirement savings and the stability of the financial system. In his fifth round submission paper released last Friday, counsel assisting Michael Hodge questioned if the regulators have ...

Government introduces financial literacy strategy

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
... "ASIC is committed to financial inclusion and better outcomes for all Australians. People are at the heart of the financial system and at the centre of this national strategy." He added the financial sector as a community should be engaging in practices ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... services will be added over time. "The recent Productivity Commission review on Competition in the Australian Financial System reported that the average Australian household could be saving up to $1000 per year on their home loan if they switched to ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. The 686-page document, released on Friday, unveiled larger, highly profitable institutions in banking and insurance have ...

New lead for Productivity Commission

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
... contribution to the Commission, particularly the recent inquiry into superannuation and competition in the Australian financial system. "Mr. Harris has demonstrated strong leadership and dedication in advocating for important public policy reforms, balancing ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... intermediaries," Richards said. "So, it is unlikely that there would be significant spillovers to the broader financial system if cryptocurrency holders were to suffer valuation losses or if a cryptocurrency system or intermediary was compromised." Cryptocurrencies' ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
... weakening even before this trade spat started as government central tried to reduce excessive leverage in the financial system. Total social financing - the broadest measure of credit and liquidity - fell to a near three-year low of CNY0.76 trillion ...

FASEA names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... stakeholders to ensure we achieve the required successful outcomes," she said. "Stephen brings in-depth knowledge of financial system regulation, strong communication skills and a strategic mindset. The board expects that Stephen's stewardship will ...

AMP adds legal expert to board

KARREN VERGARA  |  TUESDAY, 12 JUN 2018
... resignation triggered a number of changes to AMP's board following its appearance at the Royal Commission. Financial System Inquiry overseer and former CBA chief executive David Murray replaces Brenner in July. Three directors, Patty Akopiantz, Vanessa ...