Regulation

New BNPL regulation comes into effect: Borrowers urged to be cautious
10 June 2025

The changes to the buy now, pay later (BNPL) policy have come into effect today (10 June). Here’s how the changes affect credit scrutiny.

Tax Office to consult on ‘future tax administration’ for small business
6 June 2025

The ATO plans to create new digital tools and services for small business as part of its heightened focus on small business tax compliance.

RAMS sued for misconduct, Westpac responds
4 June 2025

RAMS Financial Group has attracted the attention of ASIC after the regulator alleged systemic misconduct in arranging home loans.

Aussie attempts to declass class action as plaintiffs face ‘all or nothing gamble’
4 June 2025

An interlocutory hearing took place on 3 June in the Aussie Home Loans class action case, with the defendants attempting to declass the case. This could derail any attempt at compensation ...

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.