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ASIC Flags AI Scam Surge, 12,000 Websites Taken Down in Australia

As part of a major crackdown on digital fraud, the Australian Securities and Investments Commission (ASIC) has reported a record 12,000 scam website takedowns. The regulator is cautioning the public that scammers are leveraging artificial intelligence to generate convincing fake endorsements and authentic-looking trading platforms. These criminals are using techniques such as ‘cloaking’ to evade the authorities to target Australians’ retirement savings and investment capital. This is the latest in a series of articles examining how ASIC plans to protect the nation’s digital economy against increasing AI threat

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Fuel Shock Hit Aussie Business Cash Flow As Diesel Risks Grow

A fresh report reveals a rapidly worsening cash flow crisis for Australian businesses as fuel prices and supply uncertainty keep rising. NAB chief executive Andrew Irvine has flagged concerns in sectors including agriculture, transport and freight which are experiencing significant liquidity stress with some farms paying $50,000 more for diesel than a month ago. Morgan Stanley has flagged potential diesel shortages, and companies are being advised to manage cash buffers and look towards banks early. This news article examines how the fuel shock is affecting the economy and what it means for small business

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Colladium Launches Self-Managed Super Fund Gateway in Australia

Technology company Colladium launched a new SMSF Gateway to serve self managed super Australians. This marks the entry into an existing market where several service providers had closed their doors. With Colladium, you can securely and reliably send digital superannuation messages to the tax office, ensuring your fund members keep getting contributions. This article details why the service is necessary, how it protects data and why this is a major win for the local super industry

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ASX Jumps 2.7%, Adding $88B to Investor Wealth

Unity emerges from news of possible US-Iran ceasefire Fallout: US and Iranian market impact Massive $88 billion gain on Aussie share market today The ASX 200 surged, up 2.4 per cent, after global oil prices suffered their biggest one-day slump in history of almost eight per cent, which soothed fears of an extended energy crisis. Banking and retail sectors drove the relief rally, after the prospect of peace alleviated fears of inflation and recession. This article explains why the market shot higher, and what the diplomatic breakthrough means for Australian shareholders

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