Powered by MOMENTUM MEDIA
investor daily logo

Regulation

regulation

22 January 2024 • By Rhea Nath • 1 min read

Qld firm fined over misleading statements, including false FUM claims

ASIC has issued four infringement notices to a Queensland company over misleading statements on its website, including that it held $350 million in ...

READ MORE
icon

Latest labour data casts doubt on 2024 cuts

The most recent labour market data has strengthened the conviction among certain economists that the RBA will maintain interest rates at their current ...

READ MORE
icon

Government unveils climate reporting framework draft

The government is a step closer to introducing mandatory requirements for large businesses and financial institutions to disclose their ...

READ MORE
icon

World Bank warns of ‘wretched’ economic milestone at end of 2024

A new World Bank report has warned of rough tides ahead, with the global economy in 2024 set to record the slowest half-decade of GDP growth in 30 ...

READ MORE
icon

SEC Twitter hack triggers bitcoin price roller-coaster

On Wednesday, the price of bitcoin experienced a surge triggered by the apparent approval of exchange-traded funds linked to the spot price of the ...

READ MORE
icon

Directors hit with $390k penalty for breaches of duty

The Federal Court has ordered four current and former directors of a responsible entity for a managed investment scheme to pay $390,000 in penalties

READ MORE
icon

Economists divided on rate cuts following cool inflation data

Economists suggest that the most recent CPI data aligns with the notion that the cash rate may have reached its peak, but while some anticipate ...

READ MORE
icon

AFCA complaints skyrocket amid cost-of-living woes

As the number of disputes escalated to the scheme hits 100,000 for the first time in 2023, the continued increase is putting “unnecessary pressure” on ...

READ MORE
icon

Rate cuts not on the cards until 2025: HSBC

A chief economist has made the case that the Reserve Bank is likely to hold through 2024. There are a variety of reasons to believe that the ...

READ MORE
icon

What companies drew ASIC’s attention in 2023? Part 2

The regulator continued its busy 2023 with numerous actions in the second half. Some of Australia’s biggest firms came under scrutiny from ASIC ...

READ MORE