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Showing 441 - 450 of 5941 results for "Banks"

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... households and businesses in most jurisdictions have entered the interest rate tightening cycle with strong balance sheets and banks are well capitalised. This is also the case in Australia. However, the combination of higher interest rates and inflation ...

Regulators to face committee scrutiny

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2022
... and households, skills shortages, concern about competition, uneven performance across superannuation funds, failing neo banks, the rise of social media finfluencers, and corporate greenwashing activities. In the wake of the Optus breach, he added that ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... detect and assist in preventing fraud. The proposed changes cover all APRA-regulated entities, excluding branches of foreign banks, and are designed to ensure that only limited information is made available for certain reasons, only to be used in responding ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... months to see a material reduction, however Australia will be cautious not to be too aggressive like the US and other central banks to lead the economy to some form of recession, despite the labour market still being quite tight." University of Sydney ...

Equipsuper restructures investment team

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
... market outlook and to foster future growth, the fund said. Detailing Equip's market outlook, Howard said: "With central banks around the world determined to bring inflation under control, even at the expense of economic prosperity, we believe it's ...

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... making digital advice creation easier will be of value," it said. Davison added that technology may be a key enabler for banks, superannuation funds, and other financial product providers to deliver a scalable personal advice service. "The industry has ...

No escaping volatility: AMP

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
At least for the next few months while central banks are raising rates, expect the volatility we've seen in share markets, currencies and fixed income to remain in play, warned AMP senior economist Diana Mousina at the Association of Financial Advisers' ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
... why we are doing that," Jones said. Jones was also questioned as to whether falling adviser numbers would see super funds, banks and insurers considered to provide some form of advice and plug the gap - something that has been proposed by Michelle Levy ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... digital asset exchanges, custody services, stablecoin issuers, and instigates disclosure requirements for Chinese state-owned banks that facilitate e-Yuan in Australia. Bragg cited the government's inaction on digital assets as the reason why Australia ...

Lack of transparency hindering access to financial services: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... LexisNexis Risk Solutions has revealed the results of its 2022 Financial Transparency and Inclusion Report, which surveyed banks, insurers and non-bank financial institutions across 13 countries and regions. According to the report, 69% of respondents ...