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Industry welcomes RLO certainty

July 19, 2022

Members of the banking and broking industry have welcomed the Assistant Treasurers confirmation that responsible lending obligations will not be repealed. , with Stephen Jones MP saying the Albanes

New South Wales Annie Kane Anna Bligh Peter White While The Australian Banking Association Brokers Association Of Australia

Source: mortgagebusiness.com.au

Stephen Jones outlines plan for BNPL regulation

July 14, 2022

Consultation on improvements to the regulation of credit, including buy now, pay later products, will begin soon. The federal government has confirmed it is moving ahead with plans to regulate buy

New South Wales United Kingdom Stephen Jones Jon Bragg Diane Tate Financial Services Stephen Jones

Source: investordaily.com.au

Zip-Sezzle merger abandoned

July 13, 2022

Plans to merge the two buy now, pay later companies Zip Co and Sezzle Inc have been abandoned “in light of current macroeconomic and market conditions”.

New South Wales United Kingdom Charlie Youakim Diane Smith Gander Matthew Abbott Australian Finance Industry Association

Source: theadviser.com.au

Labor 'won't be revisiting RLOs': Assistant Treasurer

July 12, 2022

Labor was “gob-smacked” with proposals to repeal responsible lending obligations, with Stephen Jones MP saying the Albanese Government will not be revisiting the matter. The Assistant Treasurer

New South Wales United Kingdom Kenneth Hayne Wayne Swan Kevin Rudd Annie Kane