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Showing 351 - 360 of 7367 results for "Consumer"

GDP edges higher, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... vulnerability to global trade tariffs and other geopolitical threats have the potential to stifle business activity and weaken consumer and business confidence. "While we maintain our conviction in a soft landing in Australia, elevated global trade uncertainty ...

Metrics acquires BC Investment Group

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
... Metrics Credit Partners, previously held a 29.8% stake in BCI. BCI is a non-bank financial services group specialising in consumer lending for residential real estate purposes. As at January 31, BCI has total loans under management of more than $6.5 ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
The SMA Reporting Standard (SMARS) has launched to address the complexities and confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA ...

Deflation continues, albeit slowly

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
The monthly Consumer Price Index (CPI) indicator rose 2.5% in the 12 months to January 2025, according to the latest data from the Australian Bureau of Statistics (ABS). "Annual CPI inflation at 2.5% in January was the same as it was in December 2024," ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
ASIC is proposing additional relief for financial services businesses, which would scrap the need to report minor or technical breaches that don't result in a financial loss. The relief is intended to ease the compliance load on financial services ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
The housing construction sector is lagging Australia's productivity levels by 49% and is helping fuel the affordable housing crisis, a new report from the Productivity Commission reveals. The Housing construction productivity: Can we fix it? report ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
The Senate Economics Committee has released its third interim report as part of the inquiry into Australia's retirement system. Senate Economics Committee chair Senator Andrew Bragg said the third report is focused around the "shocking governance ...

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
Financial advisers will need to improve public awareness to win over millions of Australians, many of whom still don't know what an adviser does or how they add value, according to an intelliflo whitepaper. The emphasis to articulate what a professional ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... insurance coverage provided in error "for a number of reasons," including in case any claims arise. Separately, however, Consumer Champion owner Adam Glezer told Financial Standard about representing someone whose family, while dealing with Rest just ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
The Australian Securities and Investments Commission (ASIC) said reviews are underway into why consumers are advised to establish an SMSF. Plans for the review were first announced in ASIC's Corporate Plan 2024-25 and the regulator has now confirmed ...