ASIC declined to acknowledge whether buy now, pay later companies like AfterPay should be subject to stronger regulation | ColinJKruger
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Customers owe $903m to Afterpay, Zip Pay and similar companies: ASICASIC's latest report finds Australian customers owe $903 million in buy now, pay later debts, with one in six customers finding themselves in financial trouble as a result.
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Time to pay? Aussies owe more than $900m on Afterpay-style servicesDespite concerns from consumer groups, ASIC has not recommended buy now, pay later services like Afterpay be brought under the National Credit Act
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ASIC to launch superannuation inquiry | Sky News AustraliaASIC will launch a major investigation into the relationship between employers and superannuation funds. \n\nThe watchdog will look into deals that see $50 billion of workers’ savings put into funds each year. \n\nThe investigation comes after the banking royal commission uncovered companies directed employees towards superannuation providers that did not act in their best interest. \n\n\n\n
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'Name names', banking royal commission tells ASIC bossASIC boss James Shipton cops a grilling at the banking royal commission, with the corporate watchdog questioned over its propensity to leave company names out of its reports.
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