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23 August 2022 • By Jon Bragg • 1 min read

Former investment scheme promoter pleads guilty to misappropriating $1.8m

The man has pleaded guilty to one count of fraud and could face up to 12 years of imprisonment. Following an investigation by ASIC, former Gold ...

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Westpac leads $22m funding for banking chatbot developer Kasisto

The bank uses Kasisto’s technology for its chatbots and digital assistants. Westpac has announced an expansion to its partnership with Kasisto ...

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Investors still cautious as reporting season reaches half-way point

So far, less than half of ASX 200 companies have experienced a share price gain on their reporting date. The results of Australia’s largest listed ...

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Lutheran Super to merge with Mercer Super

According to Lutheran Super, the merger is in the best interests of its members. On Tuesday, $700 million not-for-profit super fund Lutheran Super ...

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Market volatility drives $15bn reduction in super assets

APRA has released its quarterly superannuation statistics. According to new figures released by APRA, superannuation assets totalled $3.313 ...

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BetaShares launches US Treasury Bond ETF

BetaShares has launched a US Treasury Bond ETF. BetaShares has confirmed the launch of its US Treasury Bond ETF on the Australian Securities ...

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Julie Lander departs CareSuper

CareSuper has confirmed the departure of long-standing CEO Julie Lander. Industry super fund, CareSuper, has announced its intention to recruit its ...

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HUB24 reports 50% lift in profits

The investment platform has announced its full-year results. HUB24 has reported a 50 per cent increase in statutory NPAT to $14.7 million in FY22 ...

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Private credit investment firm appoints Equity Trustees to oversee new fund

A private credit investment firm has named Equity Trustees as the responsible entity of its new fund. Tanarra Credit Partners (TCP) confirmed on ...

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YFYS performance test guilty of extinguishing ‘best ideas’, researcher finds

While funds managed to avoid the worst of the recent volatility, a research house has argued that their performance could have been far better had it ...

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