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It’s a brand new day at Oak Capital
8 June 2021
It’s a brand new day at Oak Capital

Promoted by Oak Capital If you’ve dabbled in Private Lending before then you’ve probably heard of Oak Capital, but with the company’s brand refresh and relaunch last month, it’s definitely ...

NSW needs 1.7m more homes: state treasury
8 June 2021
NSW needs 1.7m more homes: state treasury

NSW will need to build one new home for every two that currently exists over the next 40 years, according to the state treasury, with increased supply and an axed stamp duty tipped as the ...

NAB investigated over potential financial crime breaches
8 June 2021
NAB investigated over financial crime breaches

AUSTRAC has flagged “serious” concerns with the big four bank’s compliance with anti-money laundering laws, having launched a formal investigation with its enforcement team.

ASIC wants non-bank data
4 June 2021
ASIC wants non-bank data

The corporate regulator has pushed the government for data collection powers across non-bank lenders, which could allow it to bulk up its regulation of the sector.

AFCA recruits from ASIC, Westpac
1 June 2021
AFCA recruits from ASIC Westpac

The financial watchdog has hired two new lead ombudsman, across its insurance and small business divisions.

Over half of Tasmanians with mortgages in crisis: CHOICE
31 May 2021
Over half of Tasmanians with mortgages in crisis: CHOICE

More than half (55 per cent) of Tasmanian households with a mortgage are in financial distress, according to new data from consumer advocate group CHOICE.

Concerns raised over joint account data sharing
31 May 2021
Concerns raised over joint account data sharing

A consumer advocate group has urged the government to reconsider opting all joint account holders into data sharing under open banking, warning that the model places industry ambitions ahead ...

ME Bank faces criminal charges
28 May 2021
ME Bank faces criminal charges

The industry fund-owned bank has been slapped with criminal charges in the Federal Court for alleged contraventions relating to its home loan customers.

ASIC sues AMP for charging dead people
28 May 2021
ASIC sues AMP for charging dead people

ASIC has commenced civil penalty proceedings against five AMP companies, alleging that they continued to charge thousands of customers despite being notified of their deaths.

Senate fintech inquiry to investigate competition, debanking
27 May 2021
Senate fintech inquiry to investigate competition, debanking

The Senate fintech committee will assess alleged anti-competitive conduct and the policy environment in the banking sector, after the exit and sale of Xinja and 86 400.