Westpac to pay $35m over responsible lending breaches
The major bank has admitted breaching its responsible lending obligations when providing home loans and agreed to pay a $35 million civil...
The major bank has admitted breaching its responsible lending obligations when providing home loans and agreed to pay a $35 million civil...
The prudential regulator has defended its powers after the royal commission questioned its preference for working “behind closed doors” and failure to...
The central bank has warned that the greatest risk to Australia’s financial stability over the next few years will be...
ASIC has warned companies seeking to raise money through IPOs that they must tell investors how they are likely to...
The corporate regulator put pressure on Dover Financial Advisers managing director Terry McMaster to immediately close his dealer group in...
ASIC has taken Morgan Stanley Wealth Management to task for making misleading claims about its supposed ‘independence’ in breach of the Corporations Act.
The Minister for Revenue and Financial Services Kelly O’Dwyer has unveiled the National Financial Capability Strategy, the financial literacy program...
The government’s proposed product design and distribution legislation will increase vertical integration and take the industry back to the days...
Smaller banking entities are likely to bear the brunt of increased regulation arising from back-to-back financial services inquiries, argues COBA.
The main issue with taking legal action against rogue super funds is that the process costs time and money, APRA...
Global dividends surged to a record US$518.7 billion in Q3 2025, up 6.2% year-on-year, with financials leading the way. The...
Over the past 15 years, middle market direct lending has grown into one of the most dynamic areas of alternative...
For most Australians, superannuation is their largest financial asset outside the family home. So, when it comes to digital security,...
In financial markets, drama makes headlines. Share prices surge, tumble, and rebound — creating the stories that capture attention. But...
