
ASIC: 75% of Big Bank Financial Planners Failed Best Interest Duty
The Australian Securities and Investment Commission (ASIC) released its report into conflicts of interest in financial advice yesterday afternoon.
99% of long-term investing is doing nothing; the other 1% changes your life
Morgan Housel

The Australian Securities and Investment Commission (ASIC) released its report into conflicts of interest in financial advice yesterday afternoon.

GetSwift Ltd (ASX:GSW) shares have been suspended, this time by ASX Limited (ASX:ASX), as investors wrap their heads around the latest announcement.

The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open in negative territory on Wednesday, as the Australian Dollar (A$) (AUDUSD) sits over 80 cents.

Australia’s ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) closed higher on Wednesday as QBE Insurance Group Ltd (ASX:QBE) shares push back.

Commonwealth Bank of Australia (ASX:CBA) shares have hardly budged today despite Australia’s largest company being embroiled in yet another scandal.

The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open in positive territory on Wednesday, as the Australian Dollar (A$) (AUDUSD) sits over 80 cents.

Australia’s ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index closed higher on Tuesday, lifted by ResMed Inc. (CHESS) (ASX:RMD) shares.

Netflix, Inc. (NASDAQ:NFLX) profit soared again following yet another strong quarter from the world’s leading online streaming service.

Shares of the leading Australian biotechnology company ResMed Inc. (CHESS) (ASX:RMD) bounced 8% on Tuesday following a bumper quarterly report.
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