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Showing 501 - 510 of 3008 results for "Problem"

Synchron demands clarity from insurers

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... clients. According to Trapnell, the way insurers respond to this new regime might even impact Australia's underinsurance problem. "One of the big worries here is if we have tougher reinstatement, or additional underwriting, more policies will lapse ...

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
A review of Australian Financial Complaints Authority (AFCA) complaints data shows over 31,000 complaints have been made in the wake of the Royal Commission, according to CHOICE. Complaints around credit products revealed many customers have still been ...

Mawhinney not dishonest, just irresponsible: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
The corporate regulator has slightly softened its accusations against Mayfair 101 founder James Mawhinney - saying he wasn't consciously dishonest, just irresponsible. During a hearing in ASIC's case against M101 Nominees held on March 9, a lawyer for ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... know if they're eligible or where to start the process of investigating if they are. Remediator helps to solve that problem so it's an exciting development." Testimonials from the company's website include Melissa from Western Australia who ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... potential problems will this mountain of debt create? "Unfortunately, [the] most honest answer I have is that it will become a problem when it becomes a problem, and that is when the investors, domestic and foreign, decide that they no longer want to ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
Every aspect of the aged care system is plagued by complexity and systemic problems that puts the most vulnerable at risk, the landmark inquiry found in its in final report. The final report of the Royal Commission into Aged Care Quality and Safety ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... bond or sharemarket diktat or not, the Fed wouldn't want to see all the money it's thrown at the coronavirus pandemic problem go to waste and until it's absolutely certain that the recovery becomes sustainable. This goes for all other central banks and ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... covid-19, not enough to put upward pressure on wages and, by extension, inflation. Throwing so much greenbacks at the pandemic problem helps restore the economy back to normal with the consequent return of inflation that, in turn, calls for less accommodative ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
Industry Super Australia says recent comments by Liberal MP Tim Wilson that "big super" is locking young Aussies out of the housing market are "scary". Wilson said the fact that first home buyers are unable to access their retirement savings to go towards ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...