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The Courier Mail recently reported that GOLD Coast fundraising outfit Amma Private Equity sold $8 million in music-streaming stock Guverra to an elderly man, who argues he was exhibiting symptoms of Alzheimer’s disease.

Exiting ASIC Chairman Greg Medcraft warned bank issued hybrid capital were "ridiculous" for retail investors.

“Aussie Aussie Aussie!” you could almost hear the Australian Reserve Bank cheer this month. Tuesday’s release of the RBA minutes put financial markets into a tail spin. Friday night’s US data started the stronger Aussie trend. US inflation failed to impress – showing a second drop in 3 months. Analysts believed that the US Federal Reserve was less likely to push ahead with the removal of stimulus and policy tightening measures; meaning a lower interest rate differential between Australian and US interest rates. The Australian dollar (AUD) dutifully responded, adding 1 cent from ~75.40c US.

The corporate regulator is placing focus on accountants who could be harming retail investors by inappropriately providing “sophisticated investor certificates”.

Global Market Review - June Financial Year 2017 US Stocks hit new highs in June. Central Bank language from both the US Federal Reserve and the European Central Bank brought caution to markets. The US Fed raised interest rates a second time, leaving overnight yields at 1-1.25%.