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Technology

Government enshrines new rule for Aussie Bitcoin owners

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
In the budget, the federal government introduced new rules for Bitcoin owners, clarifying that digital currencies are not taxed as foreign currency.

Colonial First State partners with Bravura, Tech Mahindra

CHLOE WALKER  |  MONDAY, 24 OCT 2022
Colonial First State (CFS) is making significant changes to the FirstChoice platform, entering a strategic partnership with Bravura Solutions and Indian IT company Tech Mahindra.

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Netwealth's funds under administration increased by $2.5 billion in the September quarter, now coming in at $58.1 billion.

Quinbrook sells unicorn startup to Brookfield

ANDREW MCKEAN  |  FRIDAY, 30 SEP 2022
Quinbrook has sold Scout Clean Energy to Brookfield Renewable for US$1 billion ($1.5 billion).

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
Financial planning technology providers have agreed with the Quality of Advice Review's (QAR) proposal to remove Statements of Advice.

Advice technologies seeing adoption boom

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
New data has highlighted several technologies that are experiencing high year-on-year growth and adoption by financial advice firms.

RBA progresses digital currency project

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
The Digital Finance Cooperative Research Centre (DFCRC) and the Reserve Bank of Australia (RBA) have released joint research report, providing an update on the possible central bank digital currency (CBDC) the two are exploring.

Ethereum merge: What it means for crypto

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
Ethereum's long-awaited merge has been finalised, the US$180 billion cryptocurrency's upgrade to a proof-of-stake mechanism slashing its energy consumption by 99.95%.

Australia ranks 40th for crypto spend

CASSANDRA BALDINI  |  THURSDAY, 15 SEP 2022
Australia has been ranked 40th on a global index that measures where the most people are putting the biggest share of their wealth into cryptocurrency.

BT Panorama introduces robotic admin feature

CHLOE WALKER  |  TUESDAY, 13 SEP 2022
Enabling advisers and support staff to track the status of transactions via the platform's user interface, BT Panorama's new Robotic Integrated Technology Administration (RITA) platform has been launched.