Archived News for Finance Sector Professionals - November, 2012
The Australian Securities and Investments Commission (ASIC) has launched a new campaign to help re-unite Australians with their lost money, after the total amount of unclaimed cash had risen to a record $667 million, an increase of more than $40 million from 2011.
Consumer sentiment has recorded a 5.2 per cent bounce, with the Westpac Melbourne Institute of Consumer Index tracking it at 99.2 points in October to 104.3 points in November.
The Victorian Government's Banksia Working Group has announced a series of support measures aimed at providing immediate assistance to communities impacted by the recent collapse of the Banksia Finance Group.
Australia's seasonally adjusted unemployment rate decreased slightly but the rounded estimate remained at 5.4 per cent in October, as announced by the Australian Bureau of Statistics (ABS).
Yellow Brick Road has announced it has launched ‘an assault’ on the banking sector in a bid to establish ‘a much-needed alternative for Australian consumers’ by providing a range of mortgage products with banking and wealth management solutions to come online by 2013.
People earning between $100,000 and $124,999 are the happiest in the country, but any more than that and happiness begins to peter out according to new research released by psychometric testing company Onetest.