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Showing 31 - 38 of 38 results for "Consumer Act"

Court ruling on Storm, "a blow" to consumer action

LAURA MILLAN  |  TUESDAY, 13 AUG 2013
The Federal Court's decision to approve the appeal by the Australian Securities and Investments Commission (ASIC) on the settlement between Macquarie Bank and the victims of Storm Financial is "a serious blow to direct consumer action," the litigator ...

EQT gives more time to The Trust Company

LAURA MILLAN  |  MONDAY, 27 MAY 2013
... the offer is being reviewed by the Australian Competition and Consumer Commission (ACCC) under the 'Competition and Consumer Act'. "With the ACCC review underway and the timing for any shareholder meeting to consider the sale to Perpetual not set, the ...

Whatever the question, the answer is China

ALEX DUNNIN  |  THURSDAY, 3 FEB 2011
This week's Financial Standard chief economist breakfast forum heard that no matter what the economic question, the answer always seems to be China and how we seize it's opportunities, contain its inflation threats and redirect its capital flows. The ...

AusFIN calls for 'fairer outcomes'

ELISE BURGESS  |  FRIDAY, 3 DEC 2010
A number of associations, trade unions and interest groups have banded together to push for better regulation in financial services. The newly formed Australian Financial Integrity Network (AusFIN) is made up of various bodies including industry heavyweights ...

S&G settles claims for CBA Storm clients

COMPANY RELEASE  |  FRIDAY, 30 OCT 2009
Slater & Gordon has settled claims against the Commonwealth Bank of Australia on behalf of more than 50 clients who borrowed from the bank to invest in schemes promoted by the failed Storm Financial. In a legal first the claims were settled using the ...

CBA on Storm damage control

COMPANY RELEASE  |  THURSDAY, 18 JUN 2009
The Commonwealth Bank of Australia has suspended repayments for Storm Financial loan holders to the end of August and said it will pay for the cost of legal and financial advice for its affected customers. Ralph Norris, chief executive at Commonwealth ...

Account switching is too much trouble

In a parallel for consumer complaints about the difficulty in changing super funds, a new survey has shown that a majority of people think switching banks is too much of a hassle. Fifty-four per cent of the 2000 respondents to a Research International ...

Market wrap

AAP  |  FRIDAY, 4 AUG 2006
The share market is expected to open weaker, following a surprise lift in rates by the Bank of England (BOE) and the European Central Bank (ECB). On the Sydney Futures Exchange at 0738 AEST, the September share price index contract was down 11 points ...
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