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Showing 601 - 610 of 7371 results for "Consumer"

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Australian Securities and Investments Commission (ASIC) commissioner Alan Kirkland has admitted the regulator can't fight every battle of misconduct, but that doesn't mean it's not watching. Speaking at the Blockchain APAC Policy Week event, Kirkland ...

Super SA names chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... Bennett's departure. Dini Soulio has taken on the role following almost a decade as South Australia's commissioner for consumer affairs, commissioner for corporate affairs, liquor and gambling commissioner and commissioner for prices. At the ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... members up for income protection cover by default. A couple of days earlier a class action was filed against IC Markets for consumer harm caused by offering retail investors the ability to trade CFDs. In October 2023, a class action was filed against ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... moderation in inflation, the slowing in demand and employment growth, signs that wages growth has peaked and particularly weak consumer spending. RBA governor Michele Bullock also indicated that the RBA wasn't too concerned about the additional large ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... upcoming US elections. Given the macroeconomic environment turbulence over the last four years, it is no surprise that consumer sentiment has plummeted to new lows. Consumer confidence, particularly data from retail sales, is still in negative territory ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
The financial advice industry will be forced to pay $18.5 million to fund the Compensation Scheme of Last Resort's (CSLR) first year of operation, drawing outrage from the sector. The government released its estimates for the first and second phase ...

Brighter Super signs David Koch as ambassador

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... In 2018, Koch partnered with the Association of Financial Advisers - now Financial Advice Association Australia - on a consumer event promoting the value of financial advice.

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... IDR reporting in August 2023. The first two groups account for the largest financial firms attached to over 60% of the consumer and small business complaints made. "The high level of compliance with this new requirement is encouraging. Firms are reminded ...

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... product was being offered without the appropriate licence or authorisation and therefore without the benefit of important consumer protections." Justice Markovic concluded that "ASIC has not established that the Finder Earn product is a debenture within ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
The Australian Financial Complaints Authority (AFCA) said it helped secure more than $40 million in refunds for hundreds of thousands of consumers between July and December 2023. AFCAs Systemic Issues Insights Report revealed the 139,011 consumers received ...