You can pay someone for financial advice, or you can go online and get it for free – from a financial influencer, or “finfluencer”. While some are highly qualified to give such advice, others have little or no financial expertise. This has prompted the Australian government to enact a law demanding finfluencers be federally licenced, or risk going to jail for up to five years.

Sprachlevel
Lernsprache
Reading time
32
Glossar
free: for ~
umsonst, kostenlos
free
free
expertise
Kompetenz, Sachkenntnis
expertise
expertise
prompt
veranlassen
enact a law
ein Gesetz erlassen
enact a law
enact a law
federally licenced
staatlich zugelassen
federally licenced
federally licenced