By Teigan Hutchison Summary: What happens to debts when you die? This article explores the treatment of different debts, such as HECS or education debts, outstanding tax owed to the …
Is Bitcoin a financial product?
Is Bitcoin a “financial product” according to the Australian Securities and Investments Commission (ASIC)? In terms of the actual currency itself? The short answer is ‘no’.
What is a Power of Attorney?
While no one ever expects to lose the capacity to manage their own affairs, many people receive comfort from knowing that they have planned ahead, and made arrangements for a …
Unethical Financial Planning
A recent Senate inquiry into unethical financial planning practices at the Commonwealth Bank of Australia (“CBA”) has revealed that Macquarie Bank’s financial planning arm, Macquarie Private Wealth also, has widespread …
Mis-Selling a lesson to banks and investors
In a recent class action by three councils, Lehman Brothers was found liable for the big losses they suffered when the global financial crisis hit. In assuming the role of …