Regulation

Two separate reports have conflicting opinions on the outcome of the expanded Home Guarantee Scheme, including access to 5 per cent deposits.

The expansion of the Home Guarantee Scheme is welcome news for many. But beyond the headline is concerning news for LMI providers and could create ramifications for borrowers and lenders.

The first home buyer relief expansion has been brought forward to get more people into homes sooner. Industry figures have weighed in.

The major bank and one of its subsidiaries have been penalised by ASIC for failing customers facing financial hardship.

An Australian fintech company has been ordered to pay millions in penalties for breaching disclosure laws.

Following a review into small and medium-sized banks, APRA and ASIC are set to implement changes that reduce the regulatory burden for lenders.

The mortgage process technology and legal services provider has announced the recertification of its platform, reinforcing a strong security framework.

To make it easier for lenders to establish themselves in the market, the Australian Prudential Regulatory Authority (APRA) has proposed changes to its licensing framework.

Following an ASIC review, Australian banks will refund customers millions of dollars after charging high fees.

Over 100,000 financial complaints were made in 2024–25. While experiencing a slight drop from the preceding period, figures are still too high, AFCA has said.