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Compliance
AFCA complaint volumes rising faster than 2023
by Charlotte Humphrys • 27 Mar 2024
The complaints organisation is ‘very concerned’ about complaint levels in 2024, which are already ahead of the same...
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New tax bill sets ‘dangerous precedent’, warns association
by Charlotte Humphrys • 26 Mar 2024
A controversial new bill that would tax unrealised capital gains in larger superannuation funds is being debated in...
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MFAA joins 2 government groups
by Adrian Suljanovic • 19 Mar 2024
The association has joined two government groups working on residential energy efficiency and vocational education and...
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Brokerage underpaying staff slammed with $99k penalty
by Adrian Suljanovic • 11 Mar 2024
The Fair Work Ombudsman has penalised a Melbourne-based mortgage broking business for payment contraventions.
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Over $5bn spent on financial crime reporting
by Reporter • 7 Mar 2024
An analytics platform has revealed the monetary impact of financial crime reporting in Australia.
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ASIC takes down thousands of scam websites
by Charlotte Humphrys • 5 Mar 2024
Thousands of investment scam websites have been shut down by the regulator in the seven months since it received...
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CSLR to receive claims from 2 April
by Charlotte Humphrys • 28 Feb 2024
Consumers can lodge claims with the CSLR from 2 April, the Treasurer’s office has announced, offering victims of...
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‘No certainty banks aren’t engaging in fees for no service’:...
by Maja Garaca Djurdjevic • 19 Feb 2024
The financial services regulator has revealed it can never be certain that banks are not engaging in fees for no...
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ASIC wins first crypto-related case in court
by Reporter • 13 Feb 2024
The Federal Court has made one of its first decisions on the application of the financial services law to crypto-backed...
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Unpacking the unjust clawback: A call for fairness in finance
by Phil Rice • 13 Feb 2024
Despite collaborative efforts between lenders and brokers, there’s an underlying issue that needs a spotlight: the...
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