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Showing 761 - 770 of 1550 results for "Competition"

CBA shares down on flat profit

AAP  |  WEDNESDAY, 6 MAY 2015
... billion quarterly cash profit. The bank attributed the flat March quarter result to an increase in costs and strong competition for loans. Net profit, which includes one off-items, fell to $2.2 billion in the three months to March 31, from $2.3 billion ...

Market Wrap PM

AAP  |  WEDNESDAY, 6 MAY 2015
... after it post a flat $2.2 billion cash profit for the three months to March 31. It blamed higher costs and strong competition for loans. Commonwealth's disappointing result was the key factor causing the broader Australian share market to be one per ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... PI insurance providers in the marketplace. "Now there's one or two. Nobody wants to be in this space, so there's no competition and year on year the cost of premiums has gone up. We're just stuck because you need it for your licence. Our hands are tied." ...

ASIC says AUD spike "not misconduct"

ALEX BURKE  |  MONDAY, 4 MAY 2015
... participation by investors and consumers in the financial system. This is achieved through our role in market supervision and competition, and corporate governance. "We have a strong regulatory framework that will enforce and give effect to the law if ...

Government needs to allow retail default super

ALEX BURKE  |  THURSDAY, 23 APR 2015
... APRA-approved MySuper funds into the default superannuation market. Arguing that the current system stifles retail competition with industry funds, FSC chief excecutive Sally Loane said: "The MySuper default sector already has a quality filter. "APRA ...

Market Wrap AM

AAP  |  THURSDAY, 23 APR 2015
... Indicator for March is due out, as is the National Australia Bank's quarterly business survey. Meanwhile, chair of the Competition Policy Review Panel Ian Harper and ACCC chairman Rod Sims are slated to speak at a CEDA event in Brisbane. CEDA NSW Property ...

Frydenberg sets fuse on Trowbridge time bomb

MARK SMITH  |  WEDNESDAY, 15 APR 2015
... bank owned firms who could cross-subsidise. "That is the tension that we have to understand because it goes again to competition."

Adviser wins Masters course

DARREN SNYDER  |  MONDAY, 13 APR 2015
... recently. Humphries, of Huon Financial Planning, won the course by entering the Stella Network's one-year anniversary competition asking entrants how they supported a woman in financial planning industry in the past year. She was recognised "for her ...

ClearView predicts end of independent financial advice

ALEX BURKE  |  WEDNESDAY, 1 APR 2015
... remuneration design should support quality advice. While it should discourage over-selling and churning, it must foster competition and take into account the real and tangible upfront costs associated with delivering life insurance advice, the validity ...

Competition for annuities likely to remain low

LAURA MILLAN  |  FRIDAY, 27 MAR 2015
Competition in the annuities market will increase, but is likely to remain low over the short term as Challenger dominates about 95% of the market, a Credit Suisse report found. Credit Suisse said that Challenger's natural competitors, banks and life ...