Regulation

The Office of the Australian Information Commissioner (OAIC) recently announced changes to credit reporting that will see increased protections surrounding credit information.

ANZ failed to rid itself of a finding it breached continuous disclosure laws during a 2015 bid to raise $2.5 billion.

The federal government has prolonged the COVID-19-era exemption for another two years.

Almost 90 per cent of scams in the financial year 2024 targeted small businesses, with investment scams causing over half of reported losses.

Concerns have been raised by members of the real estate and broking industry regarding the government’s considerations of scaling back or scrapping negative gearing.

A non-major bank has been hit with a record-high penalty.

The association has urged the government to develop an “RBA-style” board to oversee the regulator to ensure target mortgage arrears of between 2 and 3 per cent.

The party intends to block Labor’s RBA reforms until the Treasurer enacts never-before-used powers to lower interest rates.

Peri and menopause training founder and TV journalist Shelly Horton has hit back at calls for businesses to introduce menopause leave.

New data has revealed that fraud and data security continue to be a key area of concern for brokers.