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18 November 2021 • By Fergus Halliday • 1 min read

RBA issues stern crypto warning

Australia’s central bank doesn’t think much of meme coins. The Reserve Bank of Australia (RBA) has warned of the “considerable” risks associated ...

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Melbourne-based fintech sees valuation swell to US$5.5bn

Airwallex, a Melbourne-based global payments platform fintech, has seen its valuation jump to US$5.5 billion just two months after breaching the US$4 ...

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BetaShares announces appointment to new responsible investment role

The ETF manager has created the new position to drive its sustainable investment initiatives. BetaShares has appointed Suncorp executive Greg ...

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Link Group allows due diligence on BCM business bid

The data administrator has provided an update on a bid for its banking and credit management (BCM) business. On Wednesday, Link Group confirmed ...

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Afterpay uses AGM to pitch Square deal ahead of shareholder vote

In a last-ditch effort, Afterpay used its AGM meeting on Wednesday to recommend Square’s buyout offer. While not one of the formal items of the AGM ...

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Sydney office raided by police as part of ‘ongoing ASIC investigation’

A boutique advisory firm which had its Sydney office raided by police on Tuesday has yet to address the matter. As reported by AFR, Australian ...

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Westpac to issue $6m in back pay

One of Australia’s biggest banks is paying the price for wage theft. Westpac will be issuing $6 million in back pay to employees as part of an ...

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Debt agreement administrator sued for ‘threatening’ conduct against debtors

The corporate regulator has commenced civil proceedings in the Federal Court against A&M Group. ASIC is suing the group for “misleading, ...

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Former executive fined for insider trading

A former executive of a private operator has been fined after pleading guilty to insider trading. Gregory Campbell – who worked as national ...

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CBA first quarter profits up 20%

Commonwealth Bank has reported a 20 per cent growth in cash profits for the first quarter of FY22. On Wednesday, the big four banks confirmed NPAT ...

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