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Showing 411 - 420 of 7406 results for "Consumer"

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... them, who are being saddled with higher regulatory levies to fund it. It's in the interests of the government, ASIC, and consumer groups, as well as the industry, for the CSLR to be sustainable. Clearly that is not the case," Briggs said. Briggs argued ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... pathway for super funds to cost-effectively increase the scope and reach of financial advice, while also maintaining strong consumer protection for members." Doyle added that, with super contributions set to be included on the Parental Leave Pay scheme ...

Best Australian share funds of 2024: Mercer

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... overweight to financials and communication services while keeping an underweight to more growth orientated sectors like consumer durables and real estate. "This positioning may change with the Reserve Bank of Australia changing stance, depending on the ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... scams, protecting workers' superannuation, making financial advice more accessible and affordable, and strengthening consumer protections. The Association of Superannuation Funds of Australia (ASFA) acknowledged Jones' contributions, describing ...

AFCA chief operating officer departs

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
The Australian Financial Complaints Authority (AFCA) has announced that chief operating officer Justin Untersteiner will be departing, effective March 14. Untersteiner is set to take up the role of chief executive of the Australian Health Practitioner ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
The consumer price index (CPI) rose 0.2% in the December quarter and 2.4% annually, the Australian Bureau of Statistics (ABS) has revealed. The most significant price rises in the quarter were recreation and culture (+1.5%), and alcohol and tobacco ...

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... especially important during sensitive and vulnerable moments in members' lives." Chalmers said Treasury will work closely with consumer advocates, regulators and industry stakeholders to develop the standards and the draft standards will be released ...

Binance Labs becomes a family office

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
... massive fine. Locally, ASIC is taking Binance Australia to court alleging it denied more than 500 retail clients important consumer protections by misclassifying them as wholesale clients. ASIC alleges from 7 July 2022 to 21 April 2023, Binance offered ...

Depreciating Aussie dollar could prove opportunistic

MATTHEW WAI  |  FRIDAY, 24 JAN 2025
... financial sector, especially those tied to the US market. "Any easing of inflation and interest rate cuts should bolster consumer demand for credit, and lower funding costs," Griffin said. Additionally, Griffin said the Australian gold price is now valued ...

How much is needed to maintain your standard of living in retirement?

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
... Rent Assistance, is more important to this group than savings targets." SCA chief executive Xavier O'Halloran said that consumer advice to contribute to super is often unrealistic for retirees who rent, adding "much more needs to be done" to create affordable ...