Jun 22 2023
The regulator confirmed it will continue to look into how AI is being applied in regard to lending.
Jun 19 2023
From the end of June, the Tax Office is digitising its interactions with foreign investors and their representatives.
Jun 16 2023
The regulator has banned the director of Foxi Capital AU Pty Ltd, Shaun Fox, from providing financial services for eight years.
Jun 15 2023
The trusted adviser model in open banking should be expanded to enable loan processors and practice managers to receive data, AMP Advice’s Phil Quin-Conroy has said.
Jun 15 2023
The CFR has maintained that APRA’s serviceability buffer of 3 per cent remains appropriate in the current economic climate.
Jun 13 2023
The prudential regulator has warned banks that lenders with higher volumes of lending exceptions will be faced with “heightened supervisory attention”.
Jun 13 2023
Australia’s financial system regulators have flagged the security risks posed by rapidly evolving artificial intelligence technologies but revealed they’re exploring ways to leverage AI to ...
Jun 9 2023
Several non-major lenders have welcomed the government’s updated expectations for the prudential regulator, stating they will help create a more even playing field for smaller players.
Jun 7 2023
The government will phase out cheques from the financial system by 2030, as part of an overhaul of the payments system.
Jun 6 2023
The regulator has lifted the stop order on a lenders' BNPL products after it addressed the raised concerns.
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