ASIC has commenced civil proceedings against CommSec and AUSIEX in the Federal Court. CommSec overcharged brokerage fees to customers on 120,933 occasions totalling $4,352,194 between August 2010 and February 2020, ASIC alleges and CommSec has admitted. ...
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The increase to the minimum wage for industries including retail and hospitality came into effect on February 1, but how can you make sure your employer is paying you what you're owed? So far this year, one in five callers to JobWatch have raised ...
Companies in the clean energy sector are poised to benefit from rising demand for renewable energy as governments worldwide work toward Paris climate targets, with the momentum building after the US recently re-committed to the agreement. 2020 tied ...
Consumer advocacy groups have slammed the government's plans to relax Australia's lending laws next month, saying the changes will expose vulnerable consumers to predatory lending practices. In a move designed to stimulate the flow of credit ...
HECS-HELP is a loan scheme for eligible students enrolled in Commonwealth-supported places to pay for the cost of your course. It doesn't extend to additional costs such as accommodation or textbooks. To help you better understand how these loans ...
A proposal to recover unpaid HECS/HELP debt from deceased estates has been slammed by one of the founders of the education loan system. ANU Professor Bruce Chapman, who helped design the system, said the Grattan Institute's proposal goes against ...
The recent GameStop short-selling saga was exciting, if nothing else. Rogue traders took a bet on a highly speculative stock in hopes of making it big. However, this gamified approach, promoted by trading apps like Robinhood, can quickly turn investing ...
The winds of change are coming to the Australian Securities Exchange (ASX), though when it comes to replacing CHESS, it's more of a slow breeze than a hurricane. For long-term investors, CHESS, the computerised Clearing House Electronic Sub-register ...
Domestic shares have always formed the backbone of Australian investment portfolios. Hyperion's Australian Growth Companies Fund has blitzed the field this year, boasting a one-year return of 18.64% (to June 30), a three-year return of 12.45%pa and ...
The government will relax its strict credit laws and regulations in March to help lessen the impact of COVID-19 on Australia's financial climate. Announced in September, the changes will reform the responsible lending laws, introduced by the Labour ...
