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Showing 81 - 90 of 260 results for "Australian Consumer"

Banks must reshape to survive compliance and technology crunches

DARREN SNYDER  |  TUESDAY, 6 NOV 2018
KPMG and EY highlight Australia's big four banks must balance ongoing compliance costs with continued spending in technology or face being left behind when it comes to innovation. In their post FY18 analysis of Australian bank results, KPMG and EY point ...

NobleOak wins best direct life insurer award

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
Strategic Insight has recognised NobleOak as the best direct life insurer in 2018. Strategic Insight presented its annual Direct Life Insurance Awards at the Museum of Contemporary Art in Sydney on Thursday. In addition to scoring the Overall Direct ...

The goals-based opportunity

JAMIE WILLIAMSON  |  FRIDAY, 5 OCT 2018
Only 30% of Australians know what their goals in life are, revealing a significant opportunity for financial advisers using a goals-based approach. According to new research from Advice Intelligence, about 70% of Australians don't know what their goals ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... isn't happening. Given stagnant wage growth (and in the case of real wages, zero growth), no one can blame the Australian consumer. This now becomes an even bigger problem... or a vicious circle if you will. Sluggish wage growth (no growth in real ...

New Government body to advance financial literacy

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
An industry veteran and media personality will lead a new Federal Government body dedicated to the advancement of Australians' financial capability. Paul Clitheroe will chair the board of the new body, envisioned as Australia's peak group in ...

Global banking ethics standard coming to Australia

HARRISON WORLEY  |  SATURDAY, 26 MAY 2018
A financial services industry group is supporting the launch of a new global banking education standard. The Ethics Education and Training for Professional Bankers Standard is the first to be released by the Global Banking Education Standards Board ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
The Federal Government has agreed to strengthen some of ASIC's powers but has deferred acting on recommendations to tighten self-reporting and industry codes as it waits for the dust to settle on Royal Commission findings. In its response to the Senate ...

ASIC tightens grip on ICO issuers

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... powers from the Australian Competition and Consumer Commission (ACCC) to regulate crypto-assets under the Australian Consumer Law. ASIC can now take action against misleading or deceptive conduct in marketing or selling of ICOs, even if the ICO does ...

ROYAL COMMISSION: Our top stories

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Missed something? Here's a recap of the most read stories to come out of the second week of the Royal Commission's inquiry into financial advice. High profile adviser under fire The Royal Commission heard how Fair Work commissioner Donna McKenna received ...

ASIC grilled over negotiating with banks

ALEX BURKE  |  FRIDAY, 27 APR 2018
The Royal Commission today questioned ASIC over its practice of heavily negotiating enforceable undertaking outcomes with financial advice licensees. Senior Counsel Assisting Rowena Orr asked ASIC senior executive leader - financial advisers, Louise ...