PEXA strife a matter of trust

PEXA refute widespread chatter of a cyber incident on Thursday morning, with login issues attributed to the actions of a third party vendor, and which soon resolved. read more

Crypto firm wins appeal over AFSL

The Full Federal Court has allowed an appeal by digital asset service provider Block Earner, finding that Block Earner did not need a financial services licence to offer its digital asset-related Earn.. read more

Business mix a partial fix for BOQ

A ‘rebalancing’ of its asset mix, in line with strategy, has seen a pick up in business lending and a slump in consumer lending at Bank of Queensland. read more

LMI sector in a flux

Expansion of the Home Guarantee Scheme, as proposed by the Labor Party, may render the lenders mortgage insurance segment redundant, and raise doubts around the viability of mortgage-backed securities.. read more

Sunshine Loans squashed on appeal

The Full Court of the Federal Court has upheld an earlier ruling that Sunshine Loans, a provider of small amount credit contracts, charged prohibited fees over a four-year period. read more

ASIC oversees IDR reporting dashboard

Banks and financial services firms will need to maintain and publish a dashboard on Reportable Situations and Internal Dispute Resolution data – as soon as the second half of 2025. read more

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