Eliminating unfair contract terms in small business lending contracts
The Australian Securities and Investments Commission (ASIC) and the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has issued a…
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Merchant Surcharging Rules Commence 1 September 2017
From 1 September 2017, new merchant pricing standards will apply to all merchants that accept credit card, debit card and…
Federal Budget 2017-18: The Australian Banking Sector In The Spotlight
On 9 May 2017, the Federal Treasurer – the Honourable Scott Morrison MP, handed down the 2017-18 Federal Budget. In…
Privacy – your obligation to notify breaches will start by February 2018
The Privacy Amendment (Notifiable Data Breaches) Act 2017 (Breach Notification Act) had Royal assent on 22 February. This means that…
What happens now? ASIC firm on the sale of add on insurance products
ASIC has taken a firm stance on the sale of add-on insurance products in a recent report (REP 492), asserting…
ASIC releases guidance on robo-advice
Many advisers use some form of software to help prepare and deliver advice to their clients, but the key element…