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Regulation

HAFF submissions to close in a week
23 August 2023

Submissions regarding the HAFF Bill’s second referral to the economics legislation committee will shut next week.

AMP agrees to $110m settlement in class action
21 August 2023

AMP has reached an agreement to settle a shareholder class action, ahead of a three-week trial.

National cabinet agrees to new ‘ambitious’ housing target
16 August 2023

The national cabinet has agreed to an updated target of 1.2 million new homes over five years.

Unauthorised banker hit with injunctions
16 August 2023

APRA has welcomed the Federal Court’s decision to prohibit Andrew Morton Garrett from operating unauthorised banking businesses.

CBA adopts LIXI2 data standards
11 August 2023

The big four bank has committed to adopting the suite of LIXI2 data standards within its data integrations and APIs to help simplify its home lending experience.

WA government axes cultural heritage laws
9 August 2023

Under the repealed laws, property owners in Western Australia will no longer be required to assess their properties for potential impacts on Aboriginal cultural heritage.

CBA to refer financial abuse to NSW Police
8 August 2023

The NSW trial will enable the major bank to report repeated financial abuse in transaction data to the police, according to the major bank.

Fake landlords scammed $86k from WA renters in 2023
8 August 2023

As Western Australian renters grapple with the accommodation shortage and cost-of-living crisis, a regulator warned online scammers are coming out of the woodwork to exploit the situation.

Banks allowed to collaborate on standards: ACCC
4 August 2023

ABA members have been granted permission to co-ordinate on developing an industry standard to prevent and detect scams.

Labor renews Housing Australia Future Fund push
31 July 2023

After having the housing affordability package knocked back, the Prime Minister has confirmed it will be reintroduced this week.