BNPL to be regulated under Credit ActBY CASSANDRA BALDINI | MONDAY, 22 MAY 2023 12:35PMThe government has handed down its plan to regulate buy now, pay later (BNPL) providers and products under the Credit Act to strengthen consumer outcomes. Related News |
Editor's Choice
Three universities ditch financial planning courses
Three major universities have pulled the plug on their financial planning courses due to the lack of student interest in a major blow for the profession as it struggles to attract new entrants.
TCorp buys Euroclear stake from LSEG
TCorp is now a minority owner of financial markets infrastructure company Euroclear.
Crypto operator to fork out millions after court ruling
Bit Trade, the operator of the Kraken Exchange in Australia, has been slapped with an $8 million fine for "unlawfully issuing a credit facility to more than 1100 customers."
Anne Fuchs takes on new role at ART
The high-profile financial services expert faces new challenges at the nation's second-largest super fund.
Products
Featured Profile
Kellie Wood
HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.