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Showing 81 - 90 of 3273 results for "Consumers"

Younger Aussies want advice but don't know how to get it: CFS

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... don't know what questions to ask. CFS further revealed there is an even stronger demand for digital advice among younger consumers. Two-thirds of Australians under 40 (63%) are open to a digital advice solution, including one in four who have used one ...

Responsible investment AUM drops: RIAA

RACHEL ALEMBAKIS  |  MONDAY, 18 SEP 2023
... highlighted "maturity" as a theme in this year's report. "I think it's important to dig deeper on that and the fact that consumers are still concerned with greenwashing, it's really important that you have those pillars in place where you are differentiating ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... further RBA increases later in the year is still a looming threat. "We are now nearing the end of the hiking cycle, but consumers have no cause to cheer yet," he warned. "While many, especially homeowners, will welcome today's decision, the reality is ...

K2 told to freeze distribution of fund

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2023
... it said. "The TMD contained one distribution condition which stated the product is only suitable for distribution to consumers who have received general financial product advice. ASIC considered the TMD fails to set out distribution conditions for direct-to-consumer ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... Financial respond to the 2023 superannuation performance test results, the Financial Services Council (FSC) and Super Consumers Australia have said the government must still do more to ensure members in underperforming products are looked after. The ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
... "There are also indirect effects, as businesses can be expected to gradually pass on higher energy costs to the prices consumers pay for goods and services. So how the transition plays out for energy prices is going to be an important consideration for ...

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... drives up the price of everyday items, driving both the Association of Superannuation Funds Australia (ASFA) and Super Consumers Australia (SCA) to increase their retirement standards. According to ASFA, the annual expenditure needed to reach its comfortable ...

Treasury names new ASIC commissioners

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... enforcement of the law," ASIC chair Joe Longo said. "The new commissioners will be powerful advocates for Australian consumers and investors, and for maintaining the integrity of Australia's financial system. I look forward to working with them." Treasurer ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... Compensation Scheme of Last Resort (CSLR). According to ASIC, the CSLR will provide compensation of up to $150,000 to consumers who have an unpaid determination from the Australian Financial Complaints Authority relating to personal financial advice ...

Crypto lender sentenced for false licence

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... an ACL holder nor a representative of an ACL holder. During this time, Helio offered cryptocurrency-backed loans to consumers using the digital currency as security over the loan. As punishment, Helio has entered a recognisance in the sum of $15,000 ...