Regulation

Foreign investors to be banned from purchasing existing homes
18 February 2025

In order to bring some relief to the Australian housing market, the Albanese government has announced plans to place a temporary ban on foreign investment.

Regulators to update HELP debt guidance for mortgages
13 February 2025

The federal Treasurer has announced “commonsense” changes to help more Aussies with student debt acquire their first home.

ASIC cancels credit licence of NSW based lender
10 February 2025

The regulator has announced that it has cancelled an ACL of a credit provider.

Government set to finalise BNPL regulations
7 February 2025

The federal government has taken the next step to regulate the buy now, pay later (BNPL) sector.

Government strategy to give a voice to Australia’s small businesses
5 February 2025

The latest government initiative to benefit small businesses hopes to give them a voice and make it easier to operate, innovate, and thrive.

MFAA submits federal budget recommendations
5 February 2025

The industry body has outlined its areas of priority and recommendations for the government to consider for the upcoming federal budget.

ABA CEO announces retirement
5 February 2025

The association will be on the hunt for a new executive after the retirement of its CEO later this year.

Firstmac fails to meet DDO obligations, ordered to pay $8m
24 January 2025

The non-bank lender has been ordered by the Federal Court to pay $8 million in penalties for failing to meet its design and distribution obligations.

‘Meaningful improvements’ made in supporting vulnerable customers by banks
24 January 2025

Aussie banks have made strides in supporting vulnerable customers, but further improvements are needed, according to the BCCC’s latest report.

ASIC announces new CEO
20 January 2025

The Australian Securities and Investments Commission (ASIC) has announced the appointment of Scott Gregson as its new CEO.