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Senate creates committee on fintech, regtechBY KRISTI CHENG | THURSDAY, 12 SEP 2019 11:46AM
Parliament has passed a motion to form a dedicated Senate Select Committee on Financial Technology and Regulatory Technology.
Read more: Financial Technology, Financial Planning Association of Australia, Senator Andrew Bragg, ASIC, Dante De Gori, FinTech Australia, FPA, Innovation Hub, Institute of Public Administration, Senator Jane Hume
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Towards a perfect currency solution
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a $1.9 billion privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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