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Showing 51 - 60 of 860 results for %22Australian Competition%22

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... lowest-cost funds, the annual savings would be about $1.8 billion," the submission noted. "In the absence of demand-driven competition, the system has accommodated hundreds of institutional funds and tens of thousands of investment options. This has ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... boom. "This massive expansion in productive capacity underpinned a sizeable and prolonged increase in the demand for Australian labour. But once the new infrastructure was in place, and coincidentally the terms of trade began to decline, the demand for ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... Commission outlined the test was designed to remove the tail of underperformance; the next step is to drive healthy competition among funds at the top end of the market."

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
... ongoing consolidation for the foreseeable future, I don't think we feel that there are going to be structural competition issues anytime soon." Discussing further the trend in consolidation, Cole said the regulator is positive that increased mergers ...

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... significant engagement by traditional financial institutions," the review said. To mitigate risk to financial stability, Australian policymakers are currently working on a regulatory framework for crypto assets.

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... identity theft or cybersecurity incidents. Entities that wish to receive the data must provide written commitments to the Australian Consumer and Competition Commission that they will obey all their obligations under the legislation and, once no longer ...

ACCC approves Dye & Durham, Link deal

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2022
The Australian Competition and Consumer Commission will not oppose Dye & Durham's acquisition of Link Group, provided Dye & Durham divests its existing Australian businesses. Dye & Durham offers information broking services, conveyancing and legal practice ...

Super wars not over: Swan

CHLOE WALKER  |  WEDNESDAY, 7 SEP 2022
... We're going to have to keep going back to the very basics of the system, because it's such a powerful case that Australian working people are getting a slice of the profits their hard work generated, and getting it returned in decent retirement ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... banks and super funds to use their data to flog products to existing customers. This will have a serious impact on competition in the banking sector at a time when, with rising interest rates and cost of living pressures, people need to be able to find ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
... economy, but regulation is struggling to keep pace and adapt with the crypto asset sector." The government said the Australian Taxation Office (ATO) estimates more than one million taxpayers have interacted with the crypto asset ecosystem since 2018. ...