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| | | The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what ... |
| | | | The role of a chief financial officer is "widely ambiguous," according to new research conducted by Monash University. The research suggested that the role has a range of conflicting expectations placed upon it, relating to digital transformation, leadership ... |
| | | | The founder and former chief executive of wealth management firm United Global Capital, Joel Hewish, has been slapped with a 10-year ban from providing financial services. Hewish, who is also prohibited from holding any role within a financial services ... |
| | | | A former fund manager who went to jail for misappropriating client funds had an appeal quashed. The Queensland Court of Appeal has dismissed an application by Roger Munro against his conviction on three counts of fraud. Munro was sentenced to four and ... |
| | | | Barrenjoey Capital Markets co-executive chair Guy Fowler says the firm has had more conversations about IPOs in the last two months than in the previous three years, indicative of "sparked interest," at a briefing on the future of Australian capital ... |
| | | | The owner and financial adviser at Build Your Wealth has been banned from the industry for five years after ASIC found evidence of conflicts of interest. Christopher Edward Luff failed as a financial adviser, according to ASIC's investigation, particularly ... |
| | | | Assistant Treasurer Stephen Jones announced this month a review to consider making temporary changes to the Corporations Act to allow hybrid and virtual-only AGMs permanently, a move which Wilson Asset Management chief executive Geoff Wilson said is ... |
| | | | Betashares has launched an Australian Momentum ETF (ASX: MTUM), providing a solution for investors to access exposure to a systematic, rules-based momentum investing strategy. As a strategy, momentum investing involves buying stocks which have outperformed ... |
| | | | The Federal Court has ordered Master Wealth Control, also known as DG Institute, to pay $5 million in fines for "making false and misleading representations" to customers in relation to its educational programs, Real Estate Rescue (PER) and Master Wealth ... |
| | | | Financial advisers continue to ditch major institutions as more than 500 left in the year to June, Rainmaker analysis shows. Major institutions lost 8.8% of their advisers, with 513 exiting over the 12 months to end up with 5361 at the end of the period. ... |
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