Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 268 results for "Australian Consumer"

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
"March quarter 2021's moderate growth was influenced by regularly scheduled increases. Improved business conditions saw employers revisit wage reviews postponed during the height of the pandemic." This was how Michelle Marquardt, head of price statistics ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... in February signals continued strength in conditions and confidence going forward. No worries too for the Australian consumer. The Westpac-Melbourne Institute index of consumer confidence rose by 6.2% to a reading of 118.8 in March - the highest level ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... restrictions - ensures that, as in the previous episodes, these would be controlled that, in turn, would keep Australian consumer and business confidence buoyant. And that's even without not a single Australian getting the anti-virus jab.

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
The corporate regulator has initiated action against a fintech for allegedly misleading customers about the benefits of investing in residential property in self-managed superannuation funds. Squirrel Superannuation Services, an SMSF platform provider ...

ASIC consults on consumer remediation

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
ASIC has released a consultation paper to update the regulatory guide on client review and remediation conducted by financial advice licensees. Regulatory Guide 256: Client review and remediation conducted by advice licensees will be clarified through ...

International consortium sets sights on Optus

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
A consortium of investors including a $116 billion Canadian pension fund has appointed financial advisers to participate in the upcoming sale of Optus towers. Symphony Consortium, consisting of the Ontario Municipal Employees Retirement System (OMERS) ...

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
Complaints made about financial services have almost doubled since last year, according to the Australian Financial Complaints Authority (AFCA). In its yearly report, AFCA revealed complaints had risen to 80,546 from 47,223, which is a 14% increase ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... Westpac-Melbourne Institute consumer sentiment survey disproves the aged-old adage that "money doesn't buy happiness". Australian consumer sentiment surged by 11.9% to a reading of 105 index points - more optimists than pessimists - in the month ...

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... the Victorian government extended Melbourne's lockdown restriction s from September 13 to September 27. Australian consumer sentiment also improved but, like their business counterpart, it showed that pessimistic consumers still outnumber optimistic ...

Australian Ethical benefits from seismic cultural shift

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
Australian Ethical has seen almost 10,000 new members invest in its super and managed funds offerings in the past financial year, while institutional players - including other super funds - have also been knocking at the door. "We are fielding calls ...