Banks hit with $78m in royal commission penalties: ASIC

The corporate watchdog says its investigations following the banking royal commission have so far resulted in $77.65 million in penalties. The figure was revealed in the Australian Securities and Investments Commission’s enforcement report covering July…





Unemployment rate falls to 5.6 per cent

More than 70,000 Australians found new jobs in March as the economy continued to bounce back from the pandemic recession. Data released by the Australian Bureau of Statistics on Thursday shows the unemployment rate fell…