Regulation

Outsourcing doesn’t absolve CDR liability, OAIC warns
28 May 2025

Following a lender’s breach of Consumer Data Right (CDR) privacy safeguards, the OAIC has reiterated that businesses are responsible for third-party compliance, even if unaware of failures

Victorian opposition announces stamp duty reform plan
28 May 2025

The Liberals and Nationals would abolish stamp duty for first home buyers on properties worth up to $1 million.

Global risk assessment welcomed for private credit sector
23 May 2025

A private lender has supported global efforts to assess private credit risk, as demand grows among investors seeking alternatives to volatile markets.

Coalition dissolves as Nationals to split from Liberals
20 May 2025

A decades-long partnership has come to an end as the Nationals announced it will be stepping away from the Liberal Party.

Owing the ATO just got way more expensive
19 May 2025

In the wake of the COVID-19 era, the Australian Taxation Office (ATO) adopted a lenient stance toward small businesses with GST, PAYG tax, and income tax obligations. However, this period of ...

Valiant Finance calls on SMEs to address legislative tax changes
16 May 2025

Less than seven weeks remain before the general interest charge (GIC) on tax debt increases due to the removal of tax deductibility in the new financial year.

Industry reacts to Albanese’s cabinet arrangement
14 May 2025

The re-elected Labor government has announced some changes to its frontbench. Players in and around the broking industry have weighed in on the announcement.

CBA escapes damages in court despite breaching continuous disclosure rules
9 May 2025

Despite ruling that the Commonwealth Bank failed to meet its continuous disclosure duties, the Federal Court has declined to award damages to shareholders.

ASIC reveals BNPL reform modifications
9 May 2025

From 10 June 2025, there will be a new set of laws governing buy now, pay later (BNPL) providers.

ASIC orders sweeping overhaul of bank’s compliance systems
7 May 2025

The regulator has imposed strict new compliance requirements following long-running issues in a non-major bank’s futures and derivatives operations.