Commonwealth Bank-owned online stockbroking firm CommSec and a business previously owned by the bank called AUSIEX have been hit with a record $27.1 million in fines for widespread failures over a ...

With more than three million users, CBA-owned CommSec is by far the country’s most popular online broker. The bank states that a Commonwealth Direct Investment Account is the “preferred cash ...

The Australian Securities and Investments Commission will also hit AUSIEX – previously owned by the bank and known as CommSec Adviser Services – with a $7.1m fine for related breaches. AUSIEX is now ...

The country’s biggest broker is set to offer retail investors a chance to buy into the AI and rockets giant in what will be the world’s largest public listing.

The revamped CommSec platform, unveiled in July to compete with other fintechs, is drawing disdain from customers who say they have to wait days to access overseas holdings. The subsidiary of ...

Sophie Venz is a former Deputy Editor at Forbes Advisor. She is an experienced editor and features reporter, and has previously worked in the small business and start-up reporting space. Previously ...

CommSec is taking on low-brokerage rivals with a new platform to trade shares in 13 offshore markets, as a decline in retail investor activity during the Covid era has hit revenues. The new ...

Canadian-controlled TD Waterhouse Australia has finally decided to quit its discount stockbroking operations after a difficult five years, selling the division to Australia's biggest online retail ...

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Three million CommSec investors face stealth cuts to their returns after CBA slashed rates on a popular account, amid other changes. With more than three million users, CBA-owned CommSec is by far the ...