OpenInvest has expanded its network through a partnership with Perth-based Knight Group, giving consumers access to six investment portfolios.

High net worth investors were less inclined to make significant changes to their portfolio allocations in the year ended July 2022.

The government’s proposed change to the franking credit system with regard to share buybacks has received endorsement from the IPA.

SuperConcepts will add a stand-alone portfolio management tool for advisers and accountants to its product suite.

Changes to franking credits would be a broken election promise and show the government doesn’t understand their purpose in generating income.

A special leave application to the High Court has been filed by Mayfair 101 to challenge the full Federal Court’s decision against it last month.

CommSec and Ausiex have been ordered to pay a collective fine of more than $27 million for overcharging brokerage fees.