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08 April 2022 • By Neil Griffiths • 1 min read

Cryptocurrency lender charged for false ACL claims

ASIC has confirmed the charge against the Melbourne-based lender. On Friday, 8 April, the corporate regulator announced that Helio Lending has been ...

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Westpac predicts 5 interest rate hikes in 2022 alone

A total of five rate hikes are expected to take place this year, according to the big four bank.  Westpac has revised its outlook for interest ...

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Australian crypto adoption lags despite recent growth

Australia has one of the lowest rates of crypto adoption in the Asia-Pacific region. A new report from crypto exchange Gemini has found that 18 per ...

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UN chief calls IPCC climate report a ‘file of shame’

The latest IPCC report is a “litany of broken climate promises”, according to the UN Secretary-General. UN Secretary-General António Guterres has ...

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ASIC takes Macquarie Bank to Federal Court

The corporate regulator has taken action against the bank. On Tuesday, 5 April, ASIC confirmed it had commenced civil penalty proceedings in ...

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Government consults on takeovers and schemes of arrangement

The government is seeking to decrease the time and costs associated with mergers and acquisitions. A public consultation on corporate control ...

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Colonial to pay $56.3m after settling class action

Super fund members alleged that Colonial failed to transfer $3.2 billion of accrued funds to a MySuper product in a timely manner. Maurice ...

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Home values drop in Sydney and Melbourne

While growth has continued across the country overall, prices have fallen in Australia’s two largest capital cities. National house prices lifted ...

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Directors raise concerns about execution of ESG goals

Board members globally have highlighted a number of challenges related to ESG. A new survey of company directors worldwide has found that 43 per ...

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Growing number of investors turning to sustainable investment opportunities

A new study has highlighted the need to personalise the client experience and target sustainable investments. LSEG business Refinitiv’s new report, ...

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