Business News

How FTX Australia was able to get away with claiming it was 'ASIC-licenced'

Written by Pamela Hanrahan, Professor of Commercial Law and Regulation, UNSW Business School, UNSW Sydney

When cryptocurrency exchange FTX Group collapsed in the Bahamas last month, its local subsidiaries FTX Australia Pty Ltd and FTX Express Pty Ltd fell over too.

The Australian companies were placed into administration on November 11 and within days the Australian Securities and Investments Commission (ASIC) had suspended the Australian financial...

Musk’s SpaceX is shaping up as the biggest IPO on record. It’s also bending the rules to do so
Elon Musk’s space exploration company SpaceX has filed confidential papers ahead of a planned public company listing on…
Employment data shows the early signs of AI job disruption are already here
Adolfo Felix/ UnsplashThere has been no shortage of bold claims recently about artificial intelligence (AI) and jobs — …
The Middle East crisis has exposed NZ to a global fertiliser shock. Where is its plan?
New Zealand and Australia like to think of themselves as food powerhouses.But right now, a war in the Middle East and China&r…
The court ruling in Gina Rinehart’s mining dispute reveals a lot about the nation’s inherited wealth
Matt King/GettyIn a decision described by the judge as “a half-win” for each side, mining magnate Gina Rinehart h…
No‑one has been prosecuted for wage theft since it became a crime. 2 inquiries want answers
Another day, another Senate inquiry – this time into Australia’s federal laws dealing with “wage theft&rdqu…
Bitesoft rebrands as Aalto as they prepare for bold international expansion
The brave Australian entrepreneurs brings their smile solution to the US Queensland based dental entrepreneurs, Alexis an…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Perth's Southern Suburbs Are Running Their Own Race
New data shows Cockburn up 18.7%, Melville through $1.47 million, and Perth listings still near historic lows. This is not the national story. The national conversation about property right now is…

So what's a secretary to do? Banking Royal Commission raises questions about what's in minutes
Too much or too little information? The role of a secretary is to get the balance right.ShutterstockThe Financial Services Royal Commission last week challenged the chair of the Commonwealth Bank…
If we could design JobKeeper within weeks, we can exit coal by 2030. Here's how to do it
ShutterstockAs we emerge from the lockdown phase of the pandemic, there are many lessons to learn. One is that when given credible warning of an existential threat, it is better…
Making the Most of Your Balance Transfer Card
A balance transfer card can be a great tool for managing debt, especially if you're stuck with high-interest credit cards. By moving balances from high-interest accounts to a card with…

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement. Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...

How FTX Australia was able to get away with claiming it was 'ASIC-licenced'

Musk’s SpaceX is shaping up as the biggest IPO on record. It’s also bending the rules to do so

Employment data shows the early signs of AI job disruption are already here

The Middle East crisis has exposed NZ to a global fertiliser shock. Where is its plan?

The court ruling in Gina Rinehart’s mining dispute reveals a lot about the nation’s inherited wealth

No‑one has been prosecuted for wage theft since it became a crime. 2 inquiries want answers

Bitesoft rebrands as Aalto as they prepare for bold international expansion

Traditions of Rural Bali at Villa Sabana

Perth's Southern Suburbs Are Running Their Own Race

So what's a secretary to do? Banking Royal Commission raises questions about what's in minutes

If we could design JobKeeper within weeks, we can exit coal by 2030. Here's how to do it

Making the Most of Your Balance Transfer Card

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The Rise of Mobile-First Venues

Why the SME is now the primary engine of global cybercrime

Work-life Balance Key to Solving Construction Talent Shortage

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers