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Westpac comes before a public hearing by ASIC into responsible lending as the bank faces court action over some of its lending activities

How Westpac found itself in the frame for alleged insider trading

While ASIC does not characterise it as a test case, a win for the regulator could open a can of worms for others that inhabit this arcane market.

  • by Elizabeth Knight
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Companies

ASIC commissioner Cathie Armour: “One of the challenges for us is how well [the Corporations Act] changes with the times when we have new products, particularly crypto assets.”

Corporate whistleblower policies falling short: ASIC

A review by the corporate watchdog has found many companies failed to adapt to recent laws aimed at protecting staff who blow the whistle.

  • by Clancy Yeates
The billionaire tycoon has won himself some breathing room.

Steel magnate Gupta wins lifeline for Whyalla and Tahmoor

GFG Alliance said the new financing arrangement would help it pay out the billions in debts it owes to Greensill in full. 

  • by Sarah Danckert
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Opinion & Perspectives

How Westpac found itself in the frame for alleged insider trading

Elizabeth Knight
Elizabeth Knight

While ASIC does not characterise it as a test case, a win for the regulator could open a can of worms for others that inhabit this arcane market.

For ANZ and its peers it’s like the pandemic never happened

Stephen Bartholomeusz
Stephen Bartholomeusz

ANZ’s interim results show few pandemic scars, leaving it apparently overcapitalised and able to contemplate big returns to shareholders. But it’s too early to declare victory.

The US dollar is on the nose again and that spells trouble for the RBA

Stephen Bartholomeusz
Stephen Bartholomeusz

After a brief respite, the US dollar has resumed its fall. While that says something positive about the outlook for the rest of the world it isn’t such good news for the US, or the Reserve Bank.

Banking & finance

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Startups

Dr Matthew Cullen, founder of Chemist2U with Dennis Chen Pharmacist at Soul Pattinson Pharmacy Crows Nest, which is one of the Chemist2U’s partner pharmacies.

Chemist startup gets the script right as demand grows for prescription delivery

The coronavirus pandemic has fast tracked major changes in the pharmacy sector with startup Chemist2U seeing quick uptake of its same day prescription medicine since launching last year.

  • by Cara Waters
QAnon conspiracies spread among believers.

‘Pastel QAnon’: Instagram conspiracy peddlers a political headache for design giants

Instagram influencers are using design software to create bucolic images but the underlying messages embedded in these posts can be dangerous, spreading baseless QAnon conspiracy theories.

  • by Cara Waters

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