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October 3, 2018

ASIC clamps down on dodgy ICOs and crypto asset funds

The Australian Securities and Investments Commission (ASIC) today revealed it had stepped in to stop five initial coin offerings (ICOs) from raising capital since April. The […]
August 24, 2018

Scott Morrison selected as Australia’s 30th Prime Minister

Scott Morrison has been chosen by the Liberal party room as Australia’s 30th Prime Minister. Mr Morrison defeated Peter Dutton 45 votes to 40 in the […]
August 7, 2018

Silicon Valley angel investor group Keiretsu Forum opens Australian chapter

One of the world’s largest angel investor networks, established by Diablo Valley Bank co-founder Randy Williams, Keiretsu Forum is opening a new chapter in Sydney, as […]
July 3, 2018

ASIC takes Linchpin to court over unlicensed investment schemes

The corporate regulator has today commenced proceedings in the Federal Court against Linchpin Capital Group over two managed investment schemes operated by the company. In a […]
June 7, 2018

Alarm bells are ringing loudly but markets are doing nothing

It is increasingly difficult to justify the complacency in global financial markets in the light of the magnitude and potential significance of events in the United […]
June 6, 2018

Government sneaks through APRA ‘bail-in’ law, but fuels anti-bank revolt

Under siege from erupting public opposition, the Turnbull government whisked its APRA crisis resolution bill through the Senate and into law on 14 February. Of Australia’s […]
May 4, 2018

US unsecured credit: the next bubble to burst?

A new report reveals US household debt is increasingly out of kilter with consumer income which could be a warning sign of a looming economic shock. […]
April 24, 2018

Melbourne’s hyper-growth continues, as nation’s east coast booms

Melbourne’s population growth shows no sign of slowing, rocketing up by more than 125,000 for the second year in a row – in the biggest sustained […]
April 9, 2018

SUMO Q1 2018 E-Newsletter

We love to keep our clients up-to-date and in the know with regards to investment opportunities and insights,Q1 2018 E-NEWSLETTER Website format the latest developments from […]
January 30, 2018

World gives Aust ‘picture perfect’ outlook

Deloitte Access Economics economist Chris Richardson expects the momentum in Australian economic and jobs growth to continue into 2018. The strongest global growth in years should […]