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Showing 1 - 10 of 7359 results for "Consumer"

Cooling economy could keep RBA on hold

ELIZA BAVIN | WEDNESDAY, 3 JUN 2026

... interest rates and significantly higher fuel costs in the March month likely created an environment for more cautious consumer behaviour. This resulted in reduced spending across a range of household expenditure categories," Kim added. Convera head of ...

What does a world with 'zero migration' look like?

RIDDHIMA TALWANI | WEDNESDAY, 3 JUN 2026

Oxford Economics has hypothesised an extreme scenario of "zero migration" globally and found while destination economies, mostly advanced, would see significant declines in output per capita, origin economies would have modest gains as retained labour ...

Super funds push back on CSLR: SMC

VINNY VUCAGO | TUESDAY, 2 JUN 2026

... Australians in APRA-regulated superannuation funds, arguing the costs should remain with the sectors responsible for consumer harm. In a submission to Treasurys consultation on CSLR reforms, the industry body said the scheme was established as a genuine ...

FEATURE | Emerging markets: Twists and turns

KARREN VERGARA | FRIDAY, 29 MAY 2026

... less immediately. It means that inflation is generally lower because of the currency. It means the spending power of the consumer is higher. It means central banks can cut rates without worrying, and it means growth picks up and investment picks up. ...

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI | FRIDAY, 29 MAY 2026

... predicate that access on payment of a levy. "This is fundamentally inconsistent with the purpose of the CSLR as a last-resort consumer safeguard," Burgess argued. "It also ignores the fact that SMSF investors are eligible because they are a retail client ...

AFCA puts InterPrac determinations on ice

KARREN VERGARA | FRIDAY, 29 MAY 2026

The Australian Financial Complaints Authority (AFCA) is pausing all InterPrac Financial Planning-related determinations as court proceedings instigated by the latter are underway. For people affected, the pause in determinations mean their complaints ...

ASIC flags stronger fintech collaboration

VINNY VUCAGO | THURSDAY, 28 MAY 2026

... The discussion highlighted growing pressure on regulators and financial institutions alike to balance innovation with consumer protection and operational resilience. Commonwealth Bank of Australia group executive Stuart Munro described the current pace ...

Inflation eases, experts split on next RBA move

VINNY VUCAGO | WEDNESDAY, 27 MAY 2026

Australia's annual inflation rate eased slightly to 4.2% in the 12 months to April 2026, down from 4.6% annual inflation to March, though persistent cost pressures across the housing and energy continued to weigh on households, according to the ...

Westpac fined $26m for financial hardship neglect

KARREN VERGARA | WEDNESDAY, 27 MAY 2026

... activities authorised by the credit licence were engaged in efficiently, honestly and fairly." It also "failed to comply with consumer credit law." Customers, who were struggling to meet repayments on home loans, credit cards, personal loans and car ...

FAAA pushes for 'fundamental' changes to CSLR

KARREN VERGARA | TUESDAY, 26 MAY 2026

... sustainability consultation that recently wrapped up. "Thus, at present the MIS sector makes no contribution to resolving consumer harm that its failures have substantially contributed to. It also unfairly and inaccurately casts financial advice as the ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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