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The broader implications of data breach class actions

After 9. 7 million Medibank customers had their data accessed during a massive data breach, there have been a number of firms seeking legal action on behalf of those customers. Here’s what these a ....

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'We have to let people make their own decisions': Minister brushes off influencer advice concerns

‘We have to let people make their own decisions’: Minister brushes off influencer advice concerns
‘We have to let people make their own decisions’: Minister brushes off influencer advice concerns
The government has declined to intervene amid rising incidences of consumers receiving unlicensed financial advice from social media influencers.
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Speaking at the Stockbrokers and Financial Advisers Association Conference this week, minister for financial services Jane Hume noted the rise of TikTok influencers spruiking stock tips and crypto assets.
The global reach of individuals on social media and the ability for consumers to invest instantly through online platforms could prove concerning for those in the investment industry, but ultimately the minister believes it all is key to “removing the friction makes the economy far more productive”. ....

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