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regulation

07 December 2023 • By Maja Garaca Djurdjevic • 1 min read

Jones unveils bold financial advice reforms: Introduces ‘qualified advisers’ for banks, insurers, and super

Minister Jones has proposed the creation of a “new class” of financial advisers, creating an opportunity for banks to re-enter the advice sector

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ASIC takes action to protect ‘new wave’ of retail investors

The regulator has ramped up its supervision of online trading providers and taken multiple actions to protect investors from high-risk offers and ...

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RBA retains tightening bias in final rate decision of the year

Interest rates will finish 2023 at 4.35 per cent, but a hike in February next year is still seen as a distinct possibility by economists. The ...

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RBA reveals final rate call for 2023

The central bank has announced its last interest rate decision of this year. The Reserve Bank of Australia (RBA) has left the cash rate unchanged ...

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Morningstar pays infringement notices over controversial weapons investments

The firm has admitted to making investments that were “inconsistent” with its exclusionary screens for controversial weapons exposure

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OECD tips RBA will begin cutting rates from Q3 2024

The OECD predicts that inflation will hit the top of the Reserve Bank’s target band earlier than the central bank currently expects, allowing for rate ...

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APRA to ramp up super data collection for greater transparency

The prudential regulator is proposing to enhance its data collection in areas such as trustee board governance and investment valuation and liquidity ...

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Inflation now tracking below RBA’s forecast: Economists

The risk of an upside inflation surprise for the RBA in the Q4 consumer price index (CPI) has diminished following the release of the latest monthly ...

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APRA reveals concerning underperformance in over half of platform TDPs

APRA has identified “poor” and “significantly poor” investment performance in over half of member accounts in platform trustee directed products ...

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Super trustee slapped with $5m fine

The super trustee has been penalised for making false or misleading representations and for failing to provide services to members “efficiently, ...

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