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Showing 431 - 440 of 1549 results for "Competition"

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... taking to roll out the high speed payment system, saying: "The concern is that the slow roll out is limiting both competition and innovation." He went on to write: "Given these issues, the board has asked me to obtain assurances from the major banks ...

Countdown to 2019 FICAP Rockstar

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2019
... to be bigger than ever. The FICAP 'Who Wants to be a Rockstar?' event is an annual fundraiser and singing competition in which finance professionals vie for the title of Rockstar of the Year. Since launching in 2006, 'Who Wants to be a Rockstar?' ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... five reports: the Royal Commission's final report, the Productivity Commission's final report on superannuation and competition in the Australian financial system, IMF's Financial Stability Assessment of Australia and APRA's own internal enforcement ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... commissions on new loans with a review slated for three years down the line, Treasurer Josh Frydenberg said yesterday. The competition regulator and the Council of Financial Regulators will conduct the review to determine how trailing commissions are ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... into the economy and they compete with the other middle-class workers in the UK, US, Europe and Japan, he said. That competition is going to go away and middle-class wages may indeed be the next bull market, Baur said. Further, Baur forecasted the current ...

ASIC enforcement must get tough: Commissioner

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... enforcement solution The Commissioner has already ruled out handing over a part of ASIC's remit to the Australian Competition and Consumer Commission (ACCC). He stopped just short of recommending a civil enforcement agency for misconduct evidence gathered ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... Commission concluded that 'forced structural separation is not likely to prove an effective regulatory response to competition concerns in the financial system.'" However, Hayne agreed with the Productivity Commission's recommendation that ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... funds as it would have "several effects." Firstly, it would eliminate one set of existing participants and reduce competition, he said. "Secondly, it would insulate existing not-for-profit participants from whatever competitive pressures are exerted ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... financial system and delivering better consumer outcomes, while maintaining the flow of credit and continuing to promote competition." He said the Royal Commission's final report, and the Government's response, "strengthen and expand the protections ...

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
The Federal Government has appointed a former Australian Competition and Consumer Commission chairman to lead a capability review of the Australian Prudential Regulation Authority. Responding to the Royal Commission's final report into Misconduct ...