Regulation

The non-major bank has paid penalties following two infringement notices from the ACCC.

The federal government has introduced new legislation to bolster regulatory arrangements for the country’s financial market infrastructure.

The AFG chairman and former ASIC chair says the time is now right to bring about the competition inquiry’s ‘compelling’ recommendation for a public RMBS.

The House standing committee on economics has released its Better Competition, Better Prices, putting forward a range of recommendations on mortgages.

The financial system will undergo its first system-wide stress test in 2025, the prudential regulator has announced.

The major bank has moved to settle a class action lawsuit from 2021.

Estimates have been released for the first and second levy periods that will fund claims from eligible consumers who have been the victims of financial misconduct.

New legislation for the buy now, pay later industry has been released for consultation, bringing in licensing and responsible lending obligations for the first time.

The federal government’s crackdown on scammers has shown a drop in scam-related losses for the financial service industry.

First home buyers accessing their super to pay for a house deposit could cause a “huge price hike”, according to the Super Members Council.