Corporate watchdog ASIC expands in NT after investigation into Indigenous bank customer fees
The Australian Securities and Investments Commission (ASIC) has expanded its presence in the Northern Territory, citing the need…
Liberty Bell Bay placed into voluntary administration after years of GFG Alliance financial struggles
The owner of the Bell Bay manganese smelter in northern Tasmania has entered voluntary administration. Ernst and Young…
Tokenised market trial offers glimpse of Australia’s fintech future: ASIC
Australia’s financial regulator is using Project Acacia – a collaboration with the Reserve Bank and industry partners exploring…
Space start-up Equatorial Launch Australia goes into liquidation, owing NT government $5m
A space start-up once billed as the future of Australia’s rocket launch industry has collapsed into liquidation, still…
Tens of thousands of Budget Direct customers overcharged, ASIC alleges
ASIC is taking legal action over allegations Budget Direct customers lost online discounts they were promised and were…
ASIC maps out current issues in Australian financial advice
The FAAA noted that 381 new provisional advisers were registered in 2023 and around 511 in 2024, compared…
ASIC maps current issues in Australian financial advice
The FAAA noted that 381 new provisional advisers were registered in 2023 and around 511 in 2024, compared…
More Australians switching to ‘riskier’ super funds, as industry calls for tighter regulation
An “alarming” number of Australians are switching out of tightly regulated superannuation funds and into more expensive and…
ASIC publicly spotlights AFSLs using lead generation service
ASIC has published a detailed list of AFSLs using lead generation services as part of wider review into…
Superannuation crackdown on switching schemes as $1.2 billion in retirement savings lost
ASIC says it is worried that some lead generation practices in financial advice and super may expose Aussies…
ASIC announces review into ‘lead generators’ pushing superannuation switching
When Liz got a call from a salesman suggesting she move her retirement savings out of an APRA-regulated…
ASX boss to depart as another controversy unfolds
If history is any guide, Helen Lofthouse may well have picked the perfect moment to pull off her…