ASIC has today released a report setting out the details of the changes made by the big four banks to remove unfair terms from their small business loan contracts of up to $1 million.
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) welcomes the passing of legislation to establish the Australian Financial Complaints Authority (AFCA) today.
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) welcomes the passing of legislation to establish the Australian Financial Complaints Authority (AFCA) today.
The Australian Small Business and Family Enterprise Ombudsman, FinTech Australia and theBankDoctor.org released a report on 28 February 2018, which outlines the steps taken by fintech lenders to increase transparency and disclosure.
Is the complex love-hate relationship that we have with our big four banks in danger of fading into indifference? Few things galvanise us like the great Aussie sport of "bank bashing".
Commonwealth Bank of Australia is being sued by the nation’s securities regulator for allegedly rigging the benchmark bank-bill swap rate, adding to legal problems for the nation’s largest lender.
Mr Shane Thompson, of New Gisborne, Victoria, has pleaded guilty in the Melbourne Magistrates' Court to two charges that he forged and submitted financial planning documents for his own personal gain.
A review of company laws has called for steeper fines and longer jail terms for corporate crooks amid concerns about weak punishment for white collar criminals.
The banking industry has developed a recipe for a successful open banking regime in Australia that will revolutionalise customers’ banking experience and enable them to make more informed choices.
ASIC has appointed a new chief information officer. Jo Harper has been acting information chief since February following Wendy Bryant's departure and has now been confirmed in the role. She joined ASIC in 2013 as senior manager, IT assurance and later became a program director.
