Travel firms Flight Centre Travel Group and HelloWorld Travel have both announced changes to its business models in light of the updated travel restrictions....
The Government has announced that workers who lose their jobs will be able to drawdown $10,000 from their superannuation to cover losses caused by COVID-19. ...
Managers have praised the Reserve Bank of Australia’s efforts but warned the central bank can ‘only do so much’ to stop the tide of the worldwide economic chaos caused by...
Platinum Asset Management has said it is opting to ‘sacrifice upside’ in order to avoid the worst of the losses and taking ‘swift action’ to reposition portfolios....
While many Australian equity funds are suffering, two ETFs are managing to achieve strong gains as a result of their short positioning....
Reserve Bank of Australia governor Philip Lowe has said the central bank is trying to “build a bridge to recovery” for the Australian economy but low rates could last for...
The Reserve Bank of Australia has cut rates again from 0.5% to a historic low of 0.25% and announced a ‘comprehensive package’ to prop up the economy....
J.P. Morgan Asset Management is concentrating its bond portfolio primarily in government bonds and is willing to further de-risk if there was a rebound in risk assets....
Shares in financial technology company Afterpay have fallen 31% in one day after it was forced to pay a fine to refund US customers who paid late fees....
La Trobe Financial has announced measures to help those businesses affected by COVID-19....
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...