Government takes first step in BNPL crackdown

The federal Treasury has launched an inquiry into the buy now, pay later sector, which is likely to result in tighter regulation for BNPL services. “These products deliver real benefits to the vast majority of these consumers,” said Minister for Financial Services Stephen Jones. “But there is a regulatory gap that can leave some vulnerable … Read more

Businesses urged to prepare for emergencies

Natural disasters can be devastating for small businesses, yet only one in four have a current business continuity plan, according to a new report tabled in parliament. The report, which was prepared by the Small Business Natural Disaster Preparedness and Resilience Inquiry, found that businesses with a plan are better able to bounce back after … Read more

How well do you budget?

When you’re paying off a mortgage, budgets matter. Knowing how much money is coming in and going out will not only help you manage your monthly repayments, it will also ease stress and give you confidence in your financial situation. So what makes a good budget? Here are three tips to organise your finances. Track … Read more

The top three commercial assets classes of 2022

Industrial has been the best-performing commercial asset class during 2022, followed by medical and childcare, according to one of Australia’s leading commercial property analysts. Ray White Commercial head of research Vanessa Rader said demand for industrial property has grown hand-in-hand with the growth in logistics, distribution and transport. Supply, though, has not kept pace with … Read more