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

Search Results

Showing 841 - 850 of 7373 results for "Consumer"

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... digital advice benefits for consumers and advisers; and also broadening the understanding of how digital advice improves consumer protection and reduces conduct risk at the same time. "I appreciate our definition is not the only definition," he said. ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Industry groups have welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for ...

Spark Financial Group launches digital investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
The platform offers five diversified portfolios and is managed by Spark's chief investment officer Andrew Coloretti and the wider investment team. Spark Invest has a minimum investment of $5000 per portfolio, with a suite of solutions that ranges from ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... on average at 4%. Most of the panel agreed that it will peak between April and July this year. Graham Cooke, head of consumer research at Finder, said if the cash rate was to peak at 4%, that will equate to $15,000 more in interest on the average home ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... noted that RBA governor Phillip Lowe has highlighted the importance of key data points, including labour force data, consumer surveys, retail sales, and monthly consumer price data, in determining the central banks next move. While recent growth momentum ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... testing period. Any changes to the Tool should take this extension of the performance test into account, while working with consumer groups to ensure that the Tool remains meaningful and trusted," Jones said. The tool can be improved by including additional ...

Taskforce exposes rising dangers for retail investors

ANDREW MCKEAN  |  FRIDAY, 31 MAR 2023
... domestic regulatory bodies alone." "Regulators need effective resources, practices, tools, and techniques to promote consumer protection and market integrity," he added. Regulatory recommendations To better protect retail investors, the report tables ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... for cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). This legislation also seeks to bolster consumer protection, promote investment, and streamline the rapidly growing crypto industry in Australia. Earlier this year, Bragg ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
The Consumer Price Index (CPI) has slowed to 6.8% from its record high of 7.3%, adding to theories the Reserve Bank of Australia will pause rate hikes. RBA governor Philip Lowe previously explained the board needed four pieces of domestic data to properly ...

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... companies tend to concentrate on the old economy, and many of them have performed poorly. "Fiscal stimulus aimed at the consumer will benefit new economy sectors, including consumer discretionary, travel, airlines, healthcare, education and technology ...