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| Small Business CGT Carve-Outs May Strengthen Borrowing Confidence 23 Jun 2026: Paige Estritori Australian small businesses and start-ups have gained a clearer view of future tax settings after the federal government announced significant carve-outs to its planned capital gains tax reforms. For business owners considering expansion, succession, acquisition funding or new investment, the changes could help reduce some uncertainty at a time when finance decisions are already being shaped by higher rates, tighter serviceability checks and cautious lender appetite. - read more |
| Westpac Penalised $26 Million for Failing to Support Customers in Hardship 16 Jun 2026: Paige Estritori In a significant development within the Australian banking sector, Westpac has been fined $26 million by the Federal Court for failing to adequately respond to over 200 customers experiencing financial hardship between 2017 and 2023. This penalty underscores the critical importance of banks adhering to their obligations under the National Credit Code, which mandates timely and appropriate assistance to customers facing financial difficulties. - read more |
| AMP Bank Reintroduces SuperEdge Loan for SMSF Property Investment 16 Jun 2026: Paige Estritori After a seven-year absence, AMP Bank has re-entered the Self-Managed Super Fund (SMSF) lending market with the reintroduction of its SuperEdge loan. This move reflects AMP's strategic focus on diversifying its product offerings and catering to the evolving needs of investors seeking property acquisition through their SMSFs. - read more |