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The Australian Securities and Investments Commission has commenced proceedings against finance company Solvar in the Federal Court, alleging that its subsidiary Money3 Loans breached its responsible l.. read more

The Australian Competition and Consumer Commission plans to open its new National Anti-Scam Centre in July, when it will start the development of new data sharing technology designed to co-ordinate th.. read more

Deposit gap funder OSQO Capital has opened for business, inviting applications from home buyers who want to bring their home loan deposit up to 20 per cent. read more

ASIC has issued a warning to credit providers and debt management companies that it plans to target predatory lending and high-cost credit as it focuses on protecting consumers facing hardship. read more

New capital adequacy rules introduced by the Australian Prudential Regulation Authority this year have reduced the credit risk weighted assets of the big banks and given their capital ratios a boost... read more

The Office of the Australian Information Commissioner and the New Zealand Office of the Privacy Commissioner have launched a joint investigation into the personal information handling practices of Lat.. read more

After reporting a 10 per cent increase in earnings for its December half, Commonwealth Bank released a trading update yesterday detailing more subdued business conditions in the March quarter. read more

Commonwealth Bank is joining the growing list of home lenders withdrawing cashback offers for new borrowers. read more

Funding boosts for regulators in the Budget are largely aimed at helping them deal more effectively with scams and cyber crime. read more

Central banks added a total of 228 tonnes of gold to their reserves in the March quarter, adding to “sustained and significant” purchases in 2022. read more