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|ANZ's Takeover of Suncorp: Impacts on Consumer Choices and Market Dynamics
01 Mar 2024: .Paige Estritori
A landmark decision by the Australian Competition Tribunal (ACT) has paved the way for ANZ, one of the country's top financial institutions, to proceed with its strategic acquisition of Suncorp Bank. While the amalgamation received initial resistance from the Australian Competition and Consumer Commission (ACCC), it ultimately gained approval after an assessment demonstrating negligible effects on competitive landscapes in banking. - read more
|Podcasting Finfluencer Suffers Legal Blow in Trademark Dispute
27 Feb 2024: .Paige Estritori
In a landmark ruling that underscores the rigors of intellectual property laws, podcast co-host and financial influencer Canna Campbell has been struck with a hefty cost payment of $113,791.50 for trademark infringement. The case, which has sent ripples through the financial advisory community, exposes the potential pitfalls for public figures in the media space who navigate the complexities of intellectual property rights without due caution. - read more
|Surge in Financial Hardship Violations Within Banking Sector
26 Feb 2024: .Paige Estritori
The latest reporting from the Banking Code Compliance Committee (BCCC) illuminates a striking rise in violations of financial hardship protocols among banks. Over the first two quarters of 2023, the banking community has witnessed a near 40 percent increase in non-compliance incidents as per Part 9 of the Banking Code of Practice. - read more
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