Regulation

Scammers are impersonating AUSTRAC staff to steal money and sensitive information, the agency has revealed.

The tax reform bill that makes the asset write-off permanent and closes the ‘widow tax’ loophole has finally passed both houses, after months of debate.

After the first month of non-banks having been in the open banking system, the first tranche of data reveals a telling picture.

Australia’s banking associations have renewed calls for ATO data to be made available through the Consumer Data Right, following AUSTRAC’s discovery of “potentially hundreds of millions” of ...

The Australian Prudential Regulation Authority has imposed licence conditions on Bendigo and Adelaide Bank over “longstanding and pervasive weaknesses” in its non-financial risk management ...

A Victorian Supreme Court judgment has sided with Bendigo and Adelaide Bank over its decision to debank a legal brothel operator.

Trust account breaches have landed agents across the state with $200,000 fines, licence bans, and mandatory training as NSW Fair Trading ramps up scrutiny.

Australia’s housing industry has released a statement urging the government to allow SMSF borrowing for new homes until the restrictions are independently assessed.

The former director of a financial services company has been jailed after transferring approximately $1.75 million from the financially distressed business to personal and overseas ...

The Finance Brokers Association of Australia has urged the federal government to reverse its housing tax reforms after new data showed national rents climbed to a record high in the June ...