Financial Services

Strengthening crisis preparedness for financial services

APRA has released new prudential standards for contingency planning and resolution planning for consultation.

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Strong growth and a positive outlook for Australia’s mutuals

Australia’s strong economy and housing market, and a reversal of the COVID-related loan loss provisions from 2020 is reflected in the operating profit of Australia’s mutuals

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The Australian Fintech Landscape: main trends and opportunities for growth

Australia, in the coming years, has the potential to lead the world when it comes to payments technologies.

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Australia’s Major banks: From Turnaround to Transformation

The Majors played a significant role in supporting Australia’s recovery in 2020, then benefited from the improved economic performance in 2021.

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It’s going to be another super Melbourne Cup in 2021!

Incentivise for a Twilight Payment could provide a Verry Ellegant solution! If not, you may need a Floating Artist!

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Technology: Helping the affordability and accessibility of financial advice

We see a role for technology to continually improve the customer experience, meet compliance requirements, deliver cost savings and drive efficiencies across the advice

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Life Insurance market stabilises despite COVID-19

The life insurance market has taken some blows in recent years, with its very survival being questioned as losses piled up.

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Reducing the cost of financial advice

Financial advisors tend to be valued by those who use them, while the financially unadvised don’t see the need to pay.

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The number of Australian Responsible Investors grows, but only one quarter meet the threshold for leading ESG practice

Investors seeking to invest their funds ‘responsibly’ with stronger outcomes for society and the environment, alongside delivering superior financial returns, was put to the ultimate test in 2021.

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Fintech is a hot focus for investment including the largest buyout deal in Australian corporate history

The emergence of Australia’s fintech sector as globally significant was underlined by the recently announced acquisition of Afterpay by Square in a deal that, if approved by regulators and proceeds…

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Legacy pension changes welcome but the devil, as always, is in the detail

A long-awaited and welcome change to so-called ‘legacy pensions’ was proposed in the recent Federal Budget. This will benefit some older Australians who have been trapped in certain retirement income…

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Strong economy helps the Big 4 banks rebound swiftly

Australia’s economic performance is the most important driver of the financial performance of our banks who recovered well from last year.

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Superfund merger activity drives move to ‘mega-funds’

COVID-19 has impacted the super sector in many ways, but it has not stopped the inexorable move towards consolidation in the industry.

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