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…
Shield and First Guardian collapses spur managed investment scheme crackdown
The federal government is planning a crackdown on managed investment schemes following the collapses of two large funds,…
Superannuation alert from today as deadline looms in $1.1 billion collapse of Aussie funds
The CEO of the Association of Superannuation Funds of Australia (ASFA), Mary Delahunty, has been working with the…
Melbourne adviser banned over falsified signatures
A Melbourne financial adviser has been permanently banned by ASIC from providing financial services for engaging in deceptive…
Treasurer asks ASIC to restrict public access to company directors’ home addresses
The Australian Securities and Investments Commission has moved to dramatically restrict public access to the residential addresses of…
Firm behind cryptocurrency Qoin fined $14m for ‘misleading’ and ‘condemnable’ conduct
A Gold Coast company that launched the Qoin crypto token in 2020 has been fined $14 million by…
Watchdog pushes financial literacy to counter AI boom
Australians need to get more financially literate or risk being exploited by an explosion of artificial intelligence scams…
ASIC’s remarkable turnaround as the tiger that found its teeth
Finally, a corporate regulator with an appetite for justice. After 20 years in the wilderness, the Australian Securities…
AI powered 2025’s economy to record highs. So why are only robots smiling?
I don’t know what I expected. Not this. I blame the robots. I blame the penguins. The economy…
CommBank reverses refusal to refund $68m in excessive fees for low-income earners
Commonwealth Bank has confirmed it will refund “relevant” low-income customers who were wrongfully charged excessive bank fees, five…
Insolvent business run by former AFL star wipes its debt of millions, and the taxpayer is left to foot the bill
A former AFL star has been able to wipe millions of dollars in company debt and reopen the…
Netwealth strikes ASIC deal to compensate First Guardian investors
Financial services company Netwealth has agreed to pay more than $100 million to more than 1,000 clients who…