Customer Outrage At Internet Outage
Australians are venting their anger and frustration at the mystery outage that took down service across a huge chunk of the internet,... Read More
We Are Watching You, Aussie Banks, APRA Outfit Warns
SYDNEY: Australian banks and other big money handlers have copped a grim warming from the little-known, but quite powerful Australian Prudential Rights... Read More
Banks Prepare For Consumers To Skip Out On Credit Card Payments
Credit card payments are often among the first loans people stop paying during economic crises, as they are usually unsecured. Lenders are... Read More
COVID-19: How The Proposed Commercial Tenancy Rules And Banking Packages Will Support Retailers
The government has proposed new measures to protect commercial tenants during the COVID-19 pandemic. These will be discussed at the National Cabinet... Read More
Banks Coordinate On Relief Package For Commercial Property Landlords That Do Not Evict Tenants
In response to the COVID-19 pandemic, the ACCC has granted a second interim authorisation for the Australian Banking Association (ABA) and its... Read More
No Loan Repayments For Small Business For Six Months
Small businesses hit by COVID-19 will be given a six-month deferral on loan repayments. AMP Bank, ANZ, Bank Australia, Bank of Queensland... Read More
Shoppers, Beware: Aussie Banks Begin Pushing For A BNPL Tax
Buy now, pay later (BNPL) users, beware. Two of Australia’s top banks are urging the Reserve Bank to set up a system... Read More
New Consumer Data Rules For Banking
The Australian Consumer Competition Commission (ACCC) has today announced new rules regarding the delivering of consumer data in banking. Following the Treasurer’s... Read More
Significant Changes To Banks Pushed Back By ACCC
It’s the biggest change to the financial services industry since the damning royal commission, designed to give power from the banks back... Read More
Suspend Streaming Services To Secure A Bank Loan
ASIC has made a significant update to its responsible lending guidelines to reduce the frequency of consumers becoming trapped in unsustainable loans,... Read More