Today’s Best Videos 

Clearing the sophisticated investor hurdle

Q: From time to time I come across an investment opportunity that looks interesting but it is only open to sophisticated investors. How do I know if I am a sophisticated investor? A: The Corporations Law requires that people buying…

The New Criterion

The savage sell-down of aerial mapper Nearmap (NEA, $1.94) highlights the dangers of investing in tech stocks valued on lusty revenue multiples that leave little room for error. Given that billion dollar valuations have become common in the sector, no…

Kavanagh

The Australian Securities and Investments Commission started a heated debate last October, when it issued an SMSF fact sheet. The controversy continues. ASIC said running an SMSF was relatively expensive and time consumer, and $500,000 was an appropriate minimum balance…

Volatile reporting season ahead

A leading analyst has forecast a bumpy profit season, as companies downgrade their forecasts. Share price reactions have been sharp following ‘negative surprises’. Macquarie Securities says the industrials sector will be flat, with no overall earnings growth this financial year.…

Open Banking puts consumers in control

Consumers will have an online “consumer dashboard” to allow them to manage their data consents when the Consumer Data Right in banking kicks off in July. Details of the dashboard are included in the rules for the Consumer Data Right…

Early release of super may impact life cover

People planning to apply for early access to their superannuation to deal with severe financial hardship or serious medical problems need to consider the impact early release might have on their insurance cover. Early release may mean losing the right…

Westpac class action launched over money laundering issue

Austrac’s proceedings in the Federal Court against Westpac over alleged breahes of anti-money laundering law have not progressed since the regulator took the matter to court last November but the first shareholder class action over the issue had been filed.…