16 December 2020
It has been a year that has highlighted the importance of resilience, collaboration, and community. From the national bushfire threat to the global pandemic, our members and y…
10 DECEMBER 2020
The COVID-19 pandemic has fast-tracked technology plans and accelerated digitisation strategies for Australian businesses, enabling trade though the crisis, promoting more ef…
4 NOVEMBER 2020
From increased competition, shifting market conditions, stringent regulation, changing consumer preferences, through to new innovations and the growing demand for more ‘g…
8 DECEMBER 2020
On 1 November 2020, AFCA announced that the six-month temporary time extension for firms to provide responses to financial difficulty complaints and complaints that have…
3 DECEMBER 2020
The Australian manufacturing sector has undergone substantial and ongoing structural changes in recent years in response to an increasingly open and competitive economic enviro…
25 NOVEMBER 2020
The COVID-19 crisis has ushered in a wave of unprecedented uncertainty. As the ongoing health and economic effects of the virus continue to emerge across Australia, the…
19 NOVEMBER 2020
The Notifiable Data Breaches (NDB) scheme was established in February 2018 to improve consumer protection and drive better security standards for protecting personal informati…
1 October 2020
COVID-19 has caused damaging and wide-reaching effects on the Australian and global economies. Financial institutions across the world have played a critical role in absorbing t…
Associate Member, Illion, one of Australia’s leading credit bureau, has teamed up with economists at AlphaBeta to report weekly data on the impact of COVID19 on the Australian economy.
T…
In response to evidence heard by the Financial Services Royal Commission, changing community expectations and industry codes of practice, financial institutions are now required to develop pol…
22 October 2020
On 26 November 2017, the Australian Government announced the introduction of a Consumer Data Right (CDR) in Australia. The CDR aims to provide greater choice and control…
According to the Australian Financial Complaints Authority (AFCA), Australians in dispute with their bank, insurer, super fund or financial firm have lodged more than 80,000 complaints in the…
For many Australians financial products and services such as transaction accounts, general insurance and access to credit is accessed with minimal barriers. Unfortunately, this access is unequ…
Sustainable finance is here to stay and is gaining momentum, with green and sustainable investment opportunities, and the financial products to match, now a growing and important part of the f…
AFCA advised that it will be adjusting its approach to dispute resolution in light of recent regulatory and legislative changes announced as part of Australia’s COVID-19 response. …
The economic volatility of the last six months has been well documented and experienced first-hand by most Australian businesses. But where do we go from here?
ASIC, as a member of the Council of Financial Regulators and separately as Australia’s conduct regulator, has indicated it is focusing its regulatory efforts on the challenges created by…
On 13 August 2019, the Honourable Justice Perram handed down his landmark decision for the Australian Securities and Investments Commission v Westpac Banking Corporation (Liability Trial) [201…
As the COVID-19 crisis continues to disrupt business as usual and throws the Australian economy in to uncertainty, the automotive industry is faced with an abundant of unique challenges.
The effects of quarantine and lockdown measures have had sudden and radical consequences for Australian businesses, with many organisations facing significant exposure to financial burden unli…
