Business risk on the skids

Court actions are on the rise, business insolvencies are out of control in hospitality and while insolvencies are stabilising, business risk overall is rising. read more

Receiving banks in focus in AFCA scam reforms

AFCA is pushing on with measures that will enable it to consider the role of receiving banks in assessing liability for scams – a move that will greatly increase the level of scam losses borne by the.. read more

Productivity Commission reviews CDR

The Productivity Commission says it will conduct a review of the Consumer Data Right, now a cornerstone of banking practice, but not widely used in other industries. read more

Bank not liable for email scam

AFCA has ruled Commonwealth Bank is not liable to reimburse a mortgage holder who was scammed out of more than $100,000 in an email compromise. read more