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Regulation

Predatory lending directors will be held personally accountable: ASIC

Directors will be held personally accountable if predatory lending and high-cost credit have resulted in consumer harm, the financial services regulator has warned.

Shadow housing minister vows to circumvent states on housing

Speaking at the National Regional Housing Summit, member of Parliament for Deakin, Michael Sukkar, has said an LNP leadership would “cut out state governments” to address the housing crisis

ACCC concerned about voluntary merger notification regime

The ACCC has cautioned government that allowing anti-competitive mergers to persist could result in increased prices and reduced options for consumers and businesses.

More flood grants for Far North Qld

Far North Queensland has seen an outpouring of aid from major banks and government entities in response to the devastation caused by ex-Tropical Cyclone Jasper.

Housing fund applications open January 2024

Applications are poised to open for the government’s Housing Australia Future Fund aimed at fostering the construction of numerous new homes.

New Housing Supply Council members unveiled

The National Housing Supply and Affordability Council’s key appointments have been made public, ushering in a promising era for housing policy development.

Victoria’s granny flat reforms kick in

Victorians can now build a small second home in Victoria without the need for a planning permit amid fresh reforms.

BCCC flags concerns over Code breaches

The committee has raised concerns over Code breaches pertaining to supporting customers facing financial challenges.

RBA reveals how mortgagors are faring

While the RBA has deemed Australia’s mortgage health as ‘resilient’, it acknowledges a rise in the number of borrowers experiencing severe financial stress.

AUSTRAC sets sights on non-bank lenders

The anti-money laundering and counter-terrorism capabilities of non-bank lenders and financiers will come under scrutiny by the financial intelligence agency next year, after the body has ...

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