Simon Docherty News Today

Buy now, pay later providers will face stricter requirements as new regulations come into effect.

Consumers are using buy now pay later services more frequently and spending larger amounts, as they fall back on unregulated credit to make ends meet.

After years of scrutiny, BNPL products will now be regulated under The Credits Act, according to Assistant Treasurer Stephen Jones.

‘Doing nothing is not an option’ as research finds women, first nations communities and those on low incomes are disproportionately affected by BNPL debt.

AMP Advice has partnered with fintech firm Frollo to provide advisers and their clients with access to its open banking technology.

Advisers and brokers operating under the AMP Advice licence package can now access Frollo’s open banking technology and money management app.

The ASX is expected to move up today after US equity markets stormed higher overnight. ASX 200 futures were trading 48 points higher, up 0.67%, this...

The latest Australian Bureau of Statistics report reveals that Australia’s annual inflation rate slowed down in February.

The ASX showed some signs of recovery today, creeping up 0.23% or 16.0 points to 7,050.10 and moving above its 200-day moving average. Energy and Materials...

The Australian Competition and Consumer Commission announced that Liberty Financial Pty Ltd are now accredited data recipients.