Home downsizer eligibility extended 28 September 2022 4:15AM An amendment to the Income Tax Assessment Act lowering the age of people eligible to make home downsizer contributions has passed the House of Representatives. read more
CDR moves to action initiation 27 September 2022 5:06AM The government took a big step in the development of the Consumer Data Right yesterday, releasing a draft bill to introduce action initiation into the system. read more
Mortgagee in possession sale obligations tested in court 26 September 2022 4:56AM A recent decision of the Victorian Supreme Court, in a case involving the sale of a property held by a mortgagee in possession, is a reminder that mortgagees must take care to sell a property for the.. read more
Mutual mergers approved 26 September 2022 4:54AM Treasurer Jim Chalmers has approved two proposed mergers of mutuals – Heritage Bank with People’s Choice Credit Union, and Greater Bank with Newcastle Permanent Building Society. read more
Queensland mandates e-conveyancing 23 September 2022 5:47AM Queensland is following the lead of Victoria, New South Wales, Western Australia and South Australia in mandating e-conveyancing for land title transactions. read more
Opening up CDR for business 20 September 2022 5:36AM The government is amending the Consumer Data Right rules to expand the service from one largely designed for consumers to encourage businesses to participate. read more
Aussie insurance policies attract class action scrutiny 19 September 2022 6:05AM Shine Lawyers announced that it is investigating a potential class action on behalf of people who bought Aussie Home Loans Mortgage Protection Plan policies. read more
RBA unhappy with take-up of least cost routing 16 September 2022 5:49AM The Reserve Bank has told payment providers that they need to do more to promote the availability of least cost routing for merchants and it has flagged that it will take further action to support LCR.. read more
Tyro appoints from within 16 September 2022 5:38AM Tyro Payments has appointed Jonathan Davey, the head of its health division, as its new chief executive. read more
Briefs: In1Bank gets a licence extension, Earlypay CEO retires 15 September 2022 4:42AM APRA has granted In1Bank a second extension of its licence to operate as a restricted authorised deposit-taking institution. read more