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Financial Services and Insurance
Are you ready for a SMSF? Experts urge for caution and understanding
Australian self-managed superannuation fund professionals urge people to seek advice before establishing an SMSF, or risk inadequately preparing for their retirement.
Credit card fraud drops in Australia, despite rise in online shopping
Fraud on all Australian payment cards fell by 11% in 2012, following sustained efforts by financial institutions to counter card fraud schemes, new research finds.
ASIC cancels registration of liquidator for lying to authorities about traffic offences
The Australian Securities and Investment Commission has cancelled the registration of a former Sydney-based liquidator, after he was jailed earlier this year for lying to authorities about traffic offences.
Tax industry fights financial planners on push to delay reforms
The tax industry has urged the government to quickly pass new reforms which would place financial advisers giving tax advice under new regulations, following a last-minute push from advisers saying they haven't received enough time.
iSelect to list on June 24 with predicted revenue of $122 million
Insurance comparison group iSelect has finally filed its prospectus with the Australian Securities and Investments Commission, predicting earnings before interest, depreciation and tax of $30 million in the 2013 calendar year.
AMP’s Shane Oliver the lone economist out of 25 tipping the RBA to cut rates tomorrow
Twenty four out of twenty five economists polled by Bloomberg expect the RBA to leave the cash rate on hold in June when it meets on Tuesday (June 4).
Bank satisfaction among SMEs continues to fall: COSBOA holds Canberra talks on accessing credit
Small businesses are already disappointed with the major banks, but newly released survey results show the relationship between the big four and SMEs has soured even further.
ASIC appeals court decision on Macquarie Bank’s $82.5 million Storm Financial payout on grounds of fairness
The Federal Court of Australia's decision to approve the $82.5 million settlement between 1050 former Storm Financial clients and Macquarie Bank has been appealed by ASIC.
