#Asx
Revasum begins trading on the ASX
Another company will start trading on the Australian Securities Exchange (ASX).
Woolworths faces class action on downgrade
Supermarket giant facing a potential $100 million class action.
Israeli tech company brings industry disrupting tech to Aus, plans to list on ASX
Israeli tech company planning to list on the ASX.
Electronic property settlements made ‘Sympli’
An intuitive and efficient electronic property settlements solution was announced yesterday by ASX Limited (ASX) and InfoTrack, which will support the national eConveyancing initiative. Sympli has recently applied to become an Electronic Lodgment Network Operator (ELNO) and is expected to begin operations later this year. ASX’s Managing Director and CEO, Dominic Stevens said ASX had […]
How SelfWealth’s MD got his startup IPO-ready
Startups contemplating an IPO must have all their ducks in a row and be willing to get their hands dirty, says Andrew Ward, founder and managing director of recently-listed fintech company SelfWealth. Launched in 2012, the online, cloud-based share trading platform offers investors flat fee brokerage, regardless of the trade size, as well as access […]
Is your startup ready to list? There’s more than one way to skin a cat when it comes to funding
The recent trials and tribulations of Australian tech startups Big Un and Get Swift should serve as a timely cautionary tale for many aspiring businesses. Both have recently fallen foul of the ASX’s continuing disclosure requirements and face uncertain futures. While both have earned the ire of shareholders and the regulator for different reasons, their […]
InfoTrack partners with ASX to consider taking on PEXA for Australia’s e-conveyancing crown
Property Exchange Australia (PEXA), which has positioned itself as ‘the ASX for property settlements’, is facing a significant threat to its monopoly over the market from a potential new joint venture. PEXA is currently the only company in Australia licensed to settle property transactions electronically through its ELNO (Electronic Lodgement Network Operator) platform. However, it […]
ASX decision will spur corporates to explore blockchain applications: FinTech Australia
The decision by the Australian Securities Exchange (ASX) to use distributed ledger technology for its settlement and clearing system for equities transactions has been welcomed by industry association FinTech Australia. Distributed ledger technology developed by Digital Asset will replace CHESS (Clearing House Electronic Subregister System), which ASX currently uses to record shareholdings and manage the […]
“Innovation will flourish” in the digital currency sector as anti-laundering laws pass
The passage of anti-money laundering legislation through Parliament on Thursday will facilitate further growth in Australia’s local blockchain and digital currency industry, according to local fintech leaders. The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017 will extend anti-money laundering and counter-terrorism financing regulation to digital currency exchanges. The legislation requires these exchanges to monitor […]
“It’s harder to understand digital tech, new business models at 10,000 feet” says Flare MD
What do Flare (HR tech/fintech), Mad Paws (an online pet care marketplace) and Hilti (power tools) – three very different companies – have in common? Each has been steered and shaped by Jan Pacas. As AHRI’s 2015 CEO of the Year explained, “I’m passionate about a great many things that don’t, on the face of […]
From globe-trotting diplomat to global start-up leader: a talk with Redbubble’s co-founder
Any way you slice it, 2016 was a milestone year for online art marketplace Redbubble. The Melbourne tech start-up made headlines when it pulled off a $288m IPO in May. Then, just three months later, it announced plans to launch its first European office – plus the roll-out of three localised websites – as a […]
Small tech pioneers IPO gains
A handful of Aussie tech companies are proving that it’s not just the big companies who can cut it on the ASX.
What’s the difference between a share trader and an investor?
In order for a taxpayer to be considered a “share trader”, a person must establish that the share trading activities constitute the carrying on of a business.
Australian businesswomen, where are you?
There are almost no women sitting in executive boardrooms across Australia. Although the ASX recently announced plans to force companies to set targets for gender diversity, it seems Australian women are hitting their head on the glass ceiling more than ever before.
ASIC responsibility for Australian markets starts August 1st
ASIC will take on supervisory responsibility for Australia’s domestic licensed financial markets from 1 August 2010, The Government announced yesterday.
Government backs competitor to Australian Securites Exchange
The Australian Securities Exchange will soon be competing with rival Chi-X who has been given in-principle approval to operate in Australia by the Federal Government.
New ASX rules will increase market speculation
New rules under consideration by the ASX to implement share trading blackout periods will increase increase market speculation, not decrease as the rule is hoped. While the new proposed Listing Rule on company trading windows and blackout periods will go a long way to curb perceptions of market manipulation, the proposal to disclose trading in […]
Listing Your Business on the Stock Exchange
Privately owned companies wanting to raise capital could benefit from listing their company on the stock exchange as an Initial Public Offer (IPO). Companies who can demonstrate a strong, sustainable track record of growth earnings backed by well protected Intellectual property, the benefits could be substantial. Greater marketability, financial benefits, higher credibility and media coverage […]