Investment Funds News

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.

ASIC reveals the golden rules to investing

To celebrate World Investor Week (2 – 8 October 2017), Australian Securities and Investments Commission (ASIC) have put together a list of tips to become ‘smart investors’.

Looking to crowdfund? Speak to ASIC

The Australian Securities and Investments Commission (ASIC) have announced new guidance for public companies and crowd-funding platform operators to help them comply with their new crowd-sourced funding (CSF) regime.

Government unveils tax incentive to build more affordable housing

The federal government has released draft legislation to implement its “comprehensive housing affordability plan for Australians”.