APRA

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…

ASIC

‘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…

Reserve_Bank_of_Australia_logo, Australian

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

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…