Search for a news article, media release or report
News hub
AFIA Welcomes Federal Government’s Commitment to Greater Transparency on Financial Regulation
On 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
On 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
On 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
On 18 September 2024, AFIA released Australia’s first non-bank lending Code of Practice for consultation.
Extending the Small Business Responsible Lending Obligations Exemption
On 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
On 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.
AFIA Welcomes BNPL Legislation: An Innovative, Competitive, and Sustainable Sector for the Future
5 June 2024
On 5 June, AFIA welcomed the introduction of legislation for Buy Now, Pay Later products in Australia, ensuring an innovative, competitive, and sustainable sector that is underpinned by proportionate regulation and delivers choice for all Australians.
Novated Leasing Sparks Surge in EV Adoption
7 May 2024
On 7 May 2024, AFIA released its inaugural EV Finance: Driving Down Australia’s Emission report, revealing its members have financed close to $2.5 billion in electric vehicles (EVs) over the past year.