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| | | The Reserve Bank of Australia (RBA) and Treasury today released a report on central bank digital currency (CBDC), citing a three-year project is now underway for wholesale CBDC. In a thorough report, Central Bank Digital Currency and the Future of Digital ... |
| | | | The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ... |
| | | | ... super (9%), and savings and investments (4%) for financial support. The rest is made up of rent from property (5%), equity release from the family home (9%), and other (8%). "There's a clear gap between expectation and reality, on a few levels," ... |
| | | | ... comfortable retirement, and the future of retirement savings has never looked brighter," Delahunty added. The COVID-19 early release program is also a factor, with up to one million super accounts being left with less than $1000 in younger, lower-income ... |
| | | | Treasury has released the Scams Prevention Framework for consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial ... |
| | | | ... tourism, and leisure assets. It is in the process of liquidating assets to return capital across five Elanor managed funds to release $100 million. Elanor is selling down its full 12.56% stake in the Elanor Commercial Property Fund (ASX: ECF) to the ... |
| | | | ... sentenced to 18 months' imprisonment, with nine months to serve, and a good behaviour bond for a period of 18 months upon release pursuant to a recognisance in the amount of $5000. The court determined Grimm engaged in dishonest conduct on five occasions ... |
| | | | ... "The FSC encourages consumers to seek financial advice before making changes to their investment strategies following the release of performance results to ensure changes align with their individual circumstances and take into account tax implications." ... |
| | | | Insignia Financial appointed Wylie Fowler as its general manager of brand strategy, as it looks to revitalise the MLC brand. Insignia said Fowler will be accountable for the development of brand strategies for all its brands, with the focus on enhancing ... |
| | | | Investment firm Factory Capital has become a cornerstone investor in Finexia Financial Group through a $3.73 million private placement subscription. The deal comprises the purchase of 12.46 million Finexia shares at $0.30 each, a 20% premium over its ... |
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