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The ombudsman has embraced recommended changes from a review into a banking watchdog and industry code, declaring them as critical to supporting small businesses. The Australian Small Business and Fam
Neil Slonim explains the effect 116 recommendations made in the latest Banking Code of Practice review could have on small businesses.
US market defies inflation spike, who can buy in Sydney or Melbourne, Queensland reopens its borders and more!
A number of banks see their legally enforceable industry code of practice as a “regulatory burden”, an independent review has found.
Consumer groups welcome the recommendations to fix the banking code of conduct and strengthen customer protections.