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Regulation

Bank sued over failing to protect customers from scams
16 December 2024

ASIC has alleged the bank did not provide adequate control to prevent scammers.

Former bank CEO sentenced to 18 months’ jail
12 December 2024

A former director and CEO of a member-owned bank has been found guilty on dishonesty offences.

COBA welcomes CFR review into small banks
9 December 2024

COBA has welcomed the CFR’s review that aims to reshape Australia’s banking system and promote greater competition for consumers.

7 challenges SMEs could face in 2025
6 December 2024

Hurdles hindering Australia’s small businesses are not expected to ease as we move on into the new year.

‘Help to Buy’ bill passes through Senate
27 November 2024

After months of delays and uncertainty, the Labor government’s shared equity scheme has successfully passed through the Senate.

Government to review payroll tax
26 November 2024

The highly contested NSW payroll tax that would affect brokers and aggregators is getting a review.

APRA leaves serviceability buffer unchanged
25 November 2024

The regulator has cited ongoing uncertainty in the economic outlook as a reason behind its decision.

ASIC takes aim at major bank
18 November 2024

NAB has been targeted by ASIC after allegedly failing to support customers when applying for hardship support.

$900m productivity boost a win for housing and business investment
15 November 2024

The government has announced a fund aimed at boosting productivity across the country, including in housing construction and business investment. Industry bodies have since responded, ...

The government’s CDR changes commence
14 November 2024

The resetting of the Consumer Data Right (CDR) has begun, with changes coming into effect this week.