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Showing 391 - 400 of 4470 results for "Case"

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... release of CPI data in January. "All up, the lack of a downside surprise today has modestly weakened, but not shifted, my base case view that the RBA will deliver its first interest rate cut in February 2025," Bassanese said. "However, a rate cut in ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... will not be persuaded by temporary measures that artificially lower the headline inflation figure," McCormack said. "In this case, the government's energy rebates. The preferred inflation measure, the trimmed mean, remains stubbornly high at 3.5%. ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
The regulator's inaugural report on use of artificial intelligence by licensees found instances of artificial intelligence (AI) use that was at risk of being at odds with their regulatory obligations. ASIC reviewed more than 600 AI use cases across ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... a term that was liable to mislead consumers and that purported to give HCF a broader right to deny coverage than was the case, HCF Life misled consumers about their rights," Court said. ASIC also alleged that the term was an unfair contract term under ...

Advisers must prioritise Conflicts Priority Rule: AFCA

KARREN VERGARA  |  MONDAY, 28 OCT 2024
... looking at the test. And if you really think you would still be recommending it, well just make it really clear why that is the case and what those additional benefits are."

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts." ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... interest-rate sensitivity in Australian bonds compared with cash implied that bonds will likely deliver higher returns that cash in case yields fall and cushion any equity market correction. "Australian credit offers a reasonable spread over and above ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... Australian economics Gareth Aird conceded the stronger than expected unemployment data released yesterday does not strengthen the case for the Reserve Bank of Australia (RBA) to start cutting interest rates. Additionally, Aird said that despite the strong ...

European private equity strategy launches down under

KARREN VERGARA  |  THURSDAY, 10 OCT 2024
Global firms S64 Capital and HG Capital have joined forces to bring their flagship private equity offering to Australia. The firms are launching the Hg Fusion Private Capital Fund (HFPCF) to local investors as a feeder fund in the form of a unit trust. ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... members who end up paying multiple sets of fees, eroding their superannuation balance over time. The regulator said in this case, approximately 90,000 AustralianSuper members were affected, with total cost to members of approximately $69 million. ASIC's ...