Shares proved a solid investment in 2017
Australia’s stock market posted solid gains in 2017, thanks to strong growth over the final quarter.
Aussie investors get positive forecast for 2018
The coming year is likely to be favourable for investors, but more volatile than 2017, according to AMP Capital chief economist Shane Oliver.
Government lays down law on digital currency
With the popularity of bitcoin and similar blockchain-based virtual currencies currently booming around the world, the Australian government has passed new legislation extending anti-money laundering and counter-terrorism financing regulations to digital currency exchanges.
Australians warned about ‘sophisticated’ betting scams
The federal government has warned punters ahead of the Melbourne Cup to be wary of betting scams that promise high odds and big returns.
Court slaps $1m penalty on financial planner
The Federal Court has imposed a civil penalty of $1 million against a financial advice firm that sold its clients “costly, unsuitable” products.
Govt aims to restore trust in financial advice
Financial services minister Kelly O’Dwyer has outlined five steps the federal government is taking to make financial planning a more honest and competent profession.
All Ords down 2.7% over the past two quarters
Australia’s stocks have gone steadily backwards over the past six months, according to market data.