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22 December 2021 • By Neil Griffiths • 1 min read

Federal Court orders Mayfair 101 group to pay $30m penalty

Four companies within the group have been ordered to pay a combined penalty of $30 million. ASIC confirmed on Wednesday that the penalty relates to ...

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Rates to remain low until ‘materially higher’ wages growth

The RBA will refrain from lifting rates until wages growth is “materially higher” than it currently is. Minutes from the Reserve Bank’s December ...

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Tesla to accept Dogecoin, Musk confirms

Elon Musk has announced that Tesla will accept Dogecoin for payment of certain merchandise products. Tesla's Elon Musk confirmed on Tuesday the ...

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New chief risk officer announced for Insurance Australia Group

The general insurance company has announced the replacement for outgoing CRO David Watts. Insurance Australia Group (IAG) has confirmed that Peter ...

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Praemium announces sale of international business to Morningstar

Praemium has entered into an agreement to sell 100 per cent of its operations in United Kingdom, Jersey, Hong Kong and Dubai to Morningstar

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Morningstar releases Australian equities sector wrap

The firm has issued 12 upgrades and six downgrades to Australian equities strategies during 2021.  Morningstar has released a new report detailing ...

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AMP to move to sole listing on ASX in 2022

AMP Limited has announced the move will commence from February next year. The wealth giant has confirmed it will delist from the New Zealand ...

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Magellan down but not out, says Morningstar

Morningstar has cut its fair value estimate for narrow-moat Magellan Financial Group by 25 per cent to 38 per share, following the termination of its ...

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Ex-CEO of investment manager declared bankrupt

The Federal Court has ordered that the former CEO and executive director of MFS Investment Management (MFSIM) Pty Ltd be bankrupted. The order was ...

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Government to consult on super co-contribution regulations

The Morrison government is asking for feedback on proposed changes to superannuation co-contribution regulations. The government’s proposal would ...

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