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Showing 601 - 610 of 7462 results for "Consumer"

Treasury releases M&A draft reforms

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... days from notification of the intention to getting a determination from the ACCC. The bill amends the Competition and Consumer Act (CCA) to overhaul the existing framework for merger review and replaces it with a single mandatory and suspensory administrative ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
... (MWC). It must also reimburse $14.7 million to students who enrolled in the MWC course, the Australian Competition and Consumer Commission (ACCC) announced. The redress orders are to compensate the equivalent amount to the course fees paid by more than ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... fund retirement lifestyles. "Of course, it is important that any home equity release schemes have clear disclosure and consumer protection, so people understand what they are getting into." More than 80% of Australians aged 65 to 74 live in their own ...

Consultation opens on tax practitioners' registration

KARREN VERGARA  |  MONDAY, 22 JUL 2024
Treasury has opened consultation on reforming the registration framework for tax practitioners, reviewing the key areas of education, qualification, and experience requirements. The consultation is part of the government's response to the PwC tax ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
Industry funds BUSSQ and Cbus have defended their respective boards' close ties to the CFMEU, saying all representatives satisfy the fit and proper standards outlined by APRA. This week the Victorian branch of the Construction, Forestry and Maritime ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
ASIC has banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson ...

ANZ, Westpac 'the cheapest majors': Morningstar

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... are constraining credit growth, despite higher wages and strong population growth. "Interest rate increases weakened consumer confidence and significantly reduced borrowing capacity. This slower loan growth is to be expected, given the relative binge ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... has alleviated inflation pressures, signalling to investors that interest rate cuts could be on the horizon. June's US consumer price index (CPI) data revealed a rise of 3% from the previous year, falling short of the expected 3.1%. Core prices, which ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
ASIC won its first Federal Court action in relation to breaches of design and distribution provisions against non-bank lender and investment manager Firstmac over a cross-selling strategy for investment products. The Federal Court found yesterday that ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... executive Scott Hartley said the changes follow months of engagement which shareholders, team members, regulators and consumer groups on which he heard of what Insignia does well and what it could stand to improve. "These decisive changes address that ...