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| | | CHOICE has made a submission to the federal government, providing a framework on how to better protect consumers from risks associated with cryptocurrency. According to the latest data from CHOICE's national consumer survey, one in five Australians ... |
| | | | The latest round of cuts sees the closure of three more sub-plans. Earlier this year, Diversa moved to close four of its sub-plans - GROW Super, Brightday, MYONESUPER and Super Prophets - which collectively held about $70 million. Now, Diversa will ... |
| | | | ... remained elevated, reflecting continued supply and demand imbalances, higher energy prices, and broader price pressures," the Fed said. Suggestive of the Committee's hyper-focus on inflation, the minutes mentioned the term 66 times. The minutes stated ... |
| | | | Following the 2022 federal election, Crestone Wealth Management has provided a special report, summarising policy implications for the markets. "For markets, the election has been fought along lines that are likely to be less impactful for markets in ... |
| | | | Australia's new treasurer has been sworn in this morning following Labor's victory in the federal election. The weekend's result also sees the departure of Jane Hume as minister for financial services, superannuation, and the digital economy. Treasury ... |
| | | | In Bonn, Germany, US secretary of the treasury Janet Yellen has called the global economic outlook challenging and uncertain; stagflation effects have depressed output and spending, she added. Yellen said the US understood when Russia invaded Ukraine ... |
| | | | Australian Retirement Trust has confirmed that Kevin Wong is leaving the $230 billion super fund to join NZ Super Fund. Wong who has served as the portfolio manager for dynamic asset allocation will join the Kiwi sovereign wealth fund as a senior investment ... |
| | | | Following on from RI Advice's Federal Court loss, the corporate regulator has laid out its expectations of licensees when it comes to cybersecurity. Just last week, in what was an Australian-first, the Federal Court found RI Advice failed its obligations ... |
| | | | The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ... |
| | | | The Federal Court has found RI Advice breached its obligations as a licensee by failing to have adequate systems in place to manage cybersecurity risks, leading to several incidents that put client information at risk. In what ASIC says is an Australian ... |
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