Risk Management

In reviewing charities’ financial reporting requirements in Australia, New Zealand, United Kingdom, Hong Kong, Singapore, South Africa and Canada, AASB’s research found Australia has the most complex regulatory environment for charities. Charity Reporting Regime – Not A Level Playing Field […]

A 56-year-old former Beaumaris tax agent was yesterday sentenced to five years’ jail for tax fraud, after pleading guilty to taking more than $4.1 million from his clients and the Australian Tax Office. Richard Hogg was Victorian Tax Agent Sentenced to Five Years’ Jail […]

Having money helps, but economists are learning there are other things we need to feel happy, writes Gigi Foster. We’re often told that money can’t buy happiness. In fact, economists‘ focus on income instead of happiness is one Money does affect your happiness, but it’s complicated […]

Financial elder abuse, life savings lost through shonky investments – older people are high risk because they have more money just before retirement, on average, than at any other stage in their lives, says QUT PhD researcher Sylvain Hohn.

Mr Hohn, from QUT Business School, is investigating how older people make financial decisions and their preparedness for the potential financial risk posed by age-related cognitive decline.

“Financial decision-making is crucial for financial well-being and as we grow older, these decisions become even more vital,” Mr Hohn said. QUT research show that seniors are at high risk around financial decisions […]

Australians over 50 are three times more likely to fall victim to a scam than younger generations, new data from Commonwealth Bank reveals. Older men are more susceptible to scams than older women, with those Older Men Most Vulnerable to Scams […]