The storm sweeping across financial services

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Uncertainty stokes the flames of fear and that is particularly evident across the financial services sector with daily news of new Coronavirus infections recorded in Australia and other parts of the world. Closing businesses, restricting travel, being told to stay home and perceived mixed messaging has heightened anxiety amongst employees and their families. Talk of […]

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Podcast: The Rate Debate Special Edition – Episode 3

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In response to the coronavirus epidemic, the RBA cut the cash rate on 19 March to 0.25% and announced a number of QE measures. In the long run, will the government’s response deliver the benefits it is hoping for? Darren Langer and Chris Rands explore this and what it means for fixed income in this […]

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Re-energising business optimism will be the major challenge post Coronavirus

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The Coronavirus (CODVID-19) that is currently impacting the national and global economies is certainly having a significant negative effect on the confidence and optimism of SMEs and business managers said DifferenThinking CEO Dr Zivit Inbar. However, it is only the latest of an ongoing stream of negativity that inundates business world daily with messages of […]

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Podcast: Down, but not out – Episode 2

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On 3 March 2020, the RBA cut rates by 25 basis points to 0.50% in response to the coronavirus. But have they cut too early? And what happens if markets are hit with another unexpected event? With so little fuel left in the tank, how will the RBA respond? To help you and your clients […]

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Govt in denial about industry challenges including unaffordable advice and the need for financial literacy education 

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A year after the Hayne Royal Commission, advice industry commentators continue to debate what the advisory sector will look like going forward.  As the debate rages surveys such as Adviser Ratings, reveal a downward spiral with adviser numbers falling to a four-year low in 2019 and approximately 1,133 practitioners exiting industry in the 4th quarter […]

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2020 an opportune time to refine super system

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Despite maintaining one of the most efficient and progressive retirement savings systems in the world, Australia should heed some lessons from overseas in 2020 if it’s to remain as pre-eminent in the years to come, according to QMV Legal partner, Jonathan Steffanoni. Mr Steffanoni believes the velocity and breadth of change in the superannuation industry […]

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Podcast: The Rate Debate – Episode 1

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What do you get when you throw a 32-year-fixed-income veteran into the room with a 32-year-old fixed income millennial? The Rate Debate. Amidst the outbreak of the coronavirus, ongoing bushfires and global trade deals, Darren Langer and Chris Rands introduce their new podcast The Rate Debate and question the RBA’s latest rate decision and discuss […]

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Raiz wants ePayments Code overhauled to level financial services playing field

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Raiz Invest Limited, the largest, mobile-first financial services platform with more than 700,000 sign-ups, is urging an overhaul of the ePayments Code as one critical measure to increasing competition and level the playing field between the established financial players and the emerging Fintech sector. In its detailed submission to the Select Committee on Financial Technology […]

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One year after Hayne: Financial services institution remediation missing major cause of issues

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As the nation’s financial services industry continues to focus on its greatest-ever remediation efforts through 2020, the leaders of many institutions have overlooked one of the most important areas requiring remediation. The boards and leadership of most impacted organisations, including some of the biggest listed companies in the country, are missing remediating the cause of […]

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APRA heatmaps should be put on ice

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The question no-one wants to ask is – Why are APRA collecting, interpreting and then publishing information in the public domain? The answer is simple – They shouldn’t be! Instead of regulating, APRA are now trying to play the shame game through their just released heatmaps. But there is a real risk that some of […]

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