ASIC enacts second adviser qualification review
Following an initial review in February, ASIC has announced a second targeted review of financial advisers’ qualifications. The…
First Guardian investors dealt another blow as liquidator signals little can be recovered
Thousands of First Guardian investors have received the devastating news that they may not be able to recover…
Will Donald Trump or AI blow up financial markets first?
It’s an unpalatable choice. But investors now are being forced to consider which poison will cause the least…
Australian firm investigated over fears investors may have lost up to $138 million
An Australian company that extended its financial licence to a group of suspected scammers is under investigation over…
Major Bathla lender La Trobe sells $31.2m loan as private credit firms seek to recover funds
The fallout from the collapse of property developer Bathla Group continues to reverberate through Australia’s private credit market,…
Car insurance premiums increase almost by almost 60 per cent in four years
Car insurance premiums continue to increase well beyond inflation as customers who have already endured exponential hikes since…
Insurance giant Hollard fined $2 million after claim delays leave house uninhabitable
Insurance giant Hollard has been fined $2 million for taking so long to process a home insurance claim…
NDIS housing provider Fairy Meadow House goes under after potential misuse of funds flagged by liquidator
A Sydney developer who raised millions from investors to build housing for people with disabilities has gone bust…
Creditors of Australian Off Road caravans owed about $9 million
Administrators for a collapsed Queensland caravan manufacturer that owes $9 million have written to ASIC about the company’s…
Consumers getting duped by price comparison websites, ASIC warns
Tell us about your experience. Australians hunting bargains on comparison websites risk being duped by sites that only…
Investor fears private credit mass exodus as ASIC cracks whip on lending standards
ASIC has signalled there is no time to waste in preventing an Australian private credit crisis. Today, ASIC…
ASIC reveals hundreds of complaints about alleged audit misconduct by big four accounting firms
The corporate regulator has been told by the big four accounting firms — KPMG, PwC, EY and Deloitte…