Real estate reigns supreme for Millennial investors: CommSec
New data suggests at least 600,000 Australians aged 24 to 39 joined the CommSec platform since February last year, but property remains the most appealing asset.
Source: afr.com
📰 Wealth Summit News
Page 7 - Wealth Summit News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Wealth Summit. Real-time updates on events, politics, business and more.
Barefoot Investor Scott Pape issues an urgent warning to Australians buying cryptocurrency
Bestselling author Scott Pape said with 7,773 types of cryptocurrencies, there was a good chance the vast majority would end up being worthless as part of a bubble waiting to be popped.
Source: dailymail.co.uk
Superannuation reform: UniSuper, Sunsuper win more members as savers exit funds that failed the super performance test
Large industry super funds are experiencing record member inflows thanks to the Morrison government’s superannuation reforms.
Margaret Cole Bernard Reilly Tax Office Tax Office Yoursuper Colonial First State Australian Financial Review Super
Source: afr.com
ASIC chair Longo calls the growing demand for crypto 'impossible to ignore'
Blockchain technology seems to be finding an atmosphere more open to regulation in Australia.
Source: cointelegraph.com
Rest Super's interest in crypto could trigger major institutional investment
The public disclosure makes Rest the first of the major super funds to signal material institutional crypto investment, as interest heats up.
Source: businessinsider.com.au
Crypto Is Driven by Extraordinary Consumer and Investor Demand, Says Australian Regulator – Regulation Bitcoin News
Chairman of Australia’s Securities and Investments Commission: crypto is “being driven by extraordinary consumer and investor demand."
Jane Hume Joe Longo Investments Commission Commonwealth Bank Crypto Is Driven Extraordinary Consumer
Source: bitcoin.com
Urgent warning issued to Australia's 600,000 cryptocurrency investors
ASIC chair Joe Longo has warned Australians they are on their own when it comes to protecting their investments during a speech at AFRs Super & Wealth Summit.
Jane Hume Joe Longo Senate Committee Commonwealth Bank Financial Services Australian Securities Investments Commission
Source: dailymail.co.uk
It's not ASIC's job to eliminate risk: Longo
According to Joe Longo, ASIC is not here to eliminate risk. According to the chair of the corporate regulator, risk taking and encouraging innovation is an “essential part of Australia’s financ
Source: ifa.com.au
Australia urgently warns crypto investors as Japan's top banks plan digital currency
Australian Securities & Investments Commission (ASIC) chair Joe Longo warned it could only protect investors who buy "defined financial products" and that therefore...
Joe Longo Kazuhiro Tokita Australia Commonwealth Bank Financial Group Mizuho Financial Group Sumitomo Mitsui Financial Group
Source: internationalinvestment.net
Longo acknowledges crypto's industry standing
ASIC’s Joe Longo described CBA’s entry into the crypto-trading marketplace as “telling” of the reputation crypto now enjoys in the financial services industry. Speaking at the AFR’s Super
Source: ifa.com.au