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AFIA Releases Updated Insurance Premium Funding Code of Practice
20 March 2025
AFIA has today released an update of its Insurance Premium Funding (IPF) Code of Practice.
The updated Code reflects contemporary industry practices, while maintaining a customer-centric approach that emphasises transparency, fairness, and accountability.
Change to AFIA’s Auditor
14 February 2025
Following approval by AFIA members at the 2024 AGM and consent from ASIC, Pitcher Partners Sydney has tendered their resignation as auditors of AFIA, effective 14 February 2025, in accordance with Section 329(5) of the Corporations Act 2001.
AFIA Welcomes Federal Government’s Commitment to Greater Transparency on Financial Regulation
19 December 2024
AFIA welcomed the release of the Federal Government’s Regulatory Initiatives Grid. AFIA CEO, Diane Tate said the RIG has the potential to provide the industry with greater transparency of the regulatory landscape by listing reform priorities and initiatives that will materially affect the industry over the next two years.
AFIA Releases Updated Car Rental Code of Practice
9 December 2024
AFIA published a comprehensive update of its Car Rental Code of Practice. The Code sets clear standards of practice and expected customer service outcomes for AFIA’s car rental member signatories.
Passage of BNPL Legistlation
28 November 2024
AFIA released Australia’s first non-bank lending Code of Practice for consultation.
FY24 AFIA Annual Review
23 October 2024
Read the AFIA FY24 Annual Review to discover the work we have done for and on behalf of members during FY24, as well as gain some insights into our industry during the last year.
AFIA Publishes First Non-Bank Lending Code of Practice: New Industry Standards to Benefit Australian Consumers
18 September 2024
AFIA released Australia’s first non-bank lending Code of Practice for consultation.
Extending the Small Business Responsible Lending Obligations Exemption
19 August 2024
AFIA responded to Treasury’s proposed extension of the small business responsible lending obligations exemption. Our response highlights AFIA’s support for the exemption being extended, noting the critical importance of small businesses having access to easily available and appropriately offered credit.
BNPL Injects $22.9 Billion into the Australian Economy in FY23
28 June 2024
AFIA released comprehensive new research by BIS Oxford Economics and RFI Global which found the Buy Now Pay Later sector injected $22.9 billion into the Australian economy and supported close to 150,000 local jobs over the past financial year.
AFIA Welcomes the Release of the Government’s Sustainable Finance Roadmap
19 June 2024
AFIA has welcomed the release of the Federal Government’s Sustainable Finance Roadmap, which will help investors, companies and the Australian community capitalise on and make the most of the significant opportunities arising from the global net zero transition and economic transformation.