In a robust response to internet fraud, the Australian Securities and Investments Commission (ASIC) has taken down more than 2,500 investment scam and…
Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox, which sells insurance plans online, raised $55 million in debt financing from Deutsche Bank and Unicredit, sources familiar with the matter told CNBC.
Imugene advances Phase 1 MAST trial for cancer-killing VAXINIA virus
Imugene Ltd (ASX:IMU, OTC:IUGNF) has made progress in its Phase 1 metastatic advanced solid tumours or MAST trial, which has been designed to evaluate the…
Legal community flags concerns over proposed freeze on greenwashing litigation
Australian legal authorities have raised alarm over a Treasury proposition to impose a three-year hiatus on private litigation for companies’…
FIVE at FIVE AU: ASX rallies to end week on a high
The ASX rallied today with the benchmark index trading 1.13% higher in afternoon trade, bringing weekly gains to 2.43%. Today’s market strength tracks that…
Fiscal vs monetary: an investor’s guide to understanding the complex tapestry of economic policy
Australia’s economic landscape is a vast and intricate web, influenced not only by domestic policies but also by international occurrences. Over the years,…
Beat the big banks’ home loan rates with educated refinancing
Julian Finch, principal broker at Finch Financial Services, believes too many homeowners are missing out on better deals due to fears over costs and…
One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs
The need for second — and often third — incomes is mounting, according to Current CEO Stuart Sopp.
Citibank says iron ore price could reach US$130 a tonne by year end
Citibank forecasts that the iron ore price could reach US$130 a tonne by the end of the year, buoyed by potential policy stimulus from China.…
Block shares surge after earnings beat and strong Square, Cash App growth
There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.