Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 381 - 390 of 7364 results for "Consumer"

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock failed ...

ASIC names new chief executive

MATTHEW WAI  |  FRIDAY, 17 JAN 2025
... (ASIC) has named a chief executive, following Warren Day's abrupt exit in June last year. Australian Competition and Consumer Commission (ACCC) chief executive Scott Gregson will join ASIC on March 29 to replace the current interim chief executive Greg ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
The Financial Advice Association of Australia (FAAA) believes the government may have failed in its obligations when introducing the Compensation Scheme of Last Resort (CSLR) by skipping a key step. Following a review of documents the FAAA obtained ...

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
... said. "So, a good outcome for 2025 would be no further acceleration in inflation from current levels, which would help consumer purchasing power and the recent cost-of-living challenges faced by households." Mousina also noted there has been a considerable ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... rate by 25 basis points at its February meeting, rather than waiting until May," Boyton said. For the November read, the Consumer Price Index (CPI) indicator rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... Australia's (RBA) cash rate will be lowered to 3.5% from the current 4.35% level by year end. Pointing to Wednesday's Consumer Price Index (CPI) release, Vanguard suggests inflation is continuing to decline within a tight jobs market, despite the underlying ...

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... higher for longer will need to be watched closely," de Pourbaix said. Elsewhere, all eyes will be on the sluggish Chinese consumer, he said, and whether eagerly awaited fiscal stimulus follows the sweeping economic measures introduced in September to ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
The monthly Consumer Price Index (CPI) indicator rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference ...

ASX bleeds $41bn from delistings

KARREN VERGARA  |  THURSDAY, 9 JAN 2025
... confidence is bringing more a more positive outlook for IPOs in 2025 with potential listings from a range of sectors including consumer, industrials, healthcare and technology," he said. The market is anticipating the upcoming IPO of Chemist Warehouse ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
The monthly Consumer Price Index (CPI) indicator rose 2.3% in the 12 months to November 2024, up from a 2.1% rise in the 12 months to October, according to the Australian Bureau of Statistics (ABS). The biggest jumps in prices were in food and non-alcoholic ...