OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Remarks at Darwin Community Dinner
Good evening. A very warm welcome to this darwin community dinner with the Reserve Bank Board and senior staff. This morning the Board held its monthly meeting here in Darwin. We were very kindly hosted…
New Superannuation Powers to Help APRA Weed out…
The Australian Prudential Regulation Authority (APRA) has welcomed the passage of legislation granting it stronger powers to take action against the trustees of underperforming superannuation funds. The Treasury Laws Amendment (Improving Accountability and Member Outcomes…
Statement by Philip Lowe, Governor: Monetary Policy Decision
Philip Lowe, At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The outlook for the global economy remains reasonable, although growth has slowed and downside risks have…
‘Mind the gap’ – consumers confusing different types…
ASIC today released new research revealing many consumers confuse ‘general’ and ‘personal’ advice exposing them to greater risk of poor financial decisions. The ASIC report, Financial advice: Mind the gap (REP 614), presents new independent research on…
Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy grew above trend in 2018, although it slowed in the second half of the year. The slower…
The Year Ahead : Speech by Philip Lowe
The Global Economy It is worth recalling that 2018 was a good year for the world economy. Growth in the advanced economies was above trend in the first half of the year, unemployment rates reached…
ASIC Requires Commonwealth Financial Planning Limited to Stop…
Commonwealth Financial Planning Limited (CFPL) has failed to provide ASIC with an attestation and with an acceptable Final Report from the independent expert, both of which were required under a Court Enforceable Undertaking (EU) entered…
Financial Regulation in a Digital World
A speech by John Price, Commissioner, Australian Securities and Investments Commission at the Monash Centre For Commercial Law and Regulatory Studies Symposium, (Melbourne, Australia) 12 November 2018 Introduction Good afternoon everyone – thanks to Monash for…