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Showing 531 - 540 of 2995 results for "Problem"

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... an easing of monetary policy helps people get jobs it will help private sector balance sheets and lessen the number of problem loans. In so doing, it can reduce financial stability risks. "Australia is a mid-sized open economy in an interconnected world ...

A new model is coming: Licensees

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... industry has experienced in recent years, and particularly since the Royal Commission, might not be helping the affordability problem. "My feeling is that as an industry the dynamics are changing. We've got the banks out of wealth... We've got two institutions ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... by anyone's standards," she said. Rowell noted that board governance in superannuation funds remains somewhat of a problem which she reiterated for funds that are merging. "Mergers are not about maintaining jobs for current directors or deals such ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
The government's proposed reform to MySuper products, which will involve naming and shaming underperforming MySuper products, could actually end up hurting fund performance, according to some critics. Advance Human Solutions managing director Alexandra ...

FPA renews calls for advice definition changes

ANNABELLE DICKSON  |  THURSDAY, 8 OCT 2020
The Financial Planning Association of Australia (FPA) is once again calling on lawmakers to change the term 'general advice' to diminish client confusion and enhance confidence in the industry. Instead of 'general advice', the FPA is recommending it ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... government has enforced that criteria and some people may have accessed the scheme that didn't need it and that is a problem. "Again though, it was exceptional circumstances and an exceptional scheme for those who needed it." In addition to talking ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... encourage errant behavior from funds as they look to attract first-time super entrants, and will potentially worsen the problem for people currently in an underperforming fund. Lastly, superannuation trustees will have higher obligations towards members' ...

Calls for aged care overhaul

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... said the care and support of older Australians must come before the profits of private providers. "Ageism is part of the problem, and emphasising the rights of older Australians in need of care and support is the start of the solution," Duckett said. ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
The Prime Minister has given an indication of what will be revealed in next week's federal budget with a focus on tax cuts and increased infrastructure spending. Prime Minister Scott Morrison gave the insight during his National Press Club address ...

APRA resumes life insurance intervention

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
APRA will resume its intervention into the life insurance market to stem ongoing heavy losses in individual disability income insurance. APRA announced its intervention in December last year, highlighting flaws in individual disability income insurance ...