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| | | More Australians are turning to artificial intelligence (AI) for insurance advice, underscoring the need for the government to deliver on its advice reforms, the Council of Australian Life Insurers (CALI) said. Research by CALI found three in five Australians ... |
| | | | ASIC has warned younger Australians that cryptocurrency and the like could be setting them up for failure, setting unrealistic expectations on returns, price volatility and long-term investing. A national survey conducted by YouGov found around one ... |
| | | | ... question." Last week, Chalmers warned of the inflation challenge facing Australia, which has been exacerbated by the US-Israel war on Iran. As for Australia potentially running out of petrol, Chalmers is confident this will not eventuate. "That's ... |
| | | | Treasurer Jim Chalmers said the ongoing war in Iran is putting pressure on inflation, with Treasury reportedly predicting it will rise above 4%. "I've made it really clear that we had an inflation challenge in our economy and developments in the Middle ... |
| | | | Warakirri Asset Management has added a business development manager to its distribution team, expanding coverage of retail advisory, family office and high-net-worth clients in New South Wales, the ACT and Queensland. Based in Sydney, Rory Irvine joins ... |
| | | | ... Jason Todd said few could have predicted the timing for the conflict. "With little warning, the world has been plunged into a war between the US/Israel and Iran. As oil prices have spiked - modestly at first - but more aggressively as supply disruption ... |
| | | | ... market." Betashares investment strategist Tom Wickenden said the heightened geopolitical tensions centered on the ongoing war in Iran has seen Australian investors increasing their allocations to domestic equities, energy exposures and global defence ... |
| | | | In its latest paper, ASIC has argued that while digital assets are a technological shift from current financial systems, the foundational regulatory principles for it remains the same. Speaking at the Melbourne money & finance conference, ASIC senior ... |
| | | | Brisbane financial adviser Sunny Mahendra Prakash appeared in the city's Magistrates Court on March 6 to face multiple charges of dishonesty offences. Prakash is a director of Principal Financial Services, Self-Managed Super, Provest Enterprises, and ... |
| | | | The ASX 200 saw around $100 billion wiped at the open as the war in Iran continues to escalate. Oil prices have surged more than 20% due to disruptions in the Strait of Hormuz; a critical checkpoint for the world's oil supply. Betashares chief economist ... |
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