12/23/2025

CBA to repay $68m in fees to low-income customers

CBA elected to make the repayments after the Australian Securities and Investments Commission issued a critical report in July about the impact of bank fees on customers receiving Australian government concession payments.

12/22/2025

Mulino praises ASIC for Netwealth, Macquarie outcomes

Minister for Financial Services, Daniel Mulino, has commended ASIC on its actions against Netwealth after the firm agreed to pay $100 million in compensation over the First Guardian Master Fund collapse.