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Draft CRIS details ASIC costs & how they are allocated to participants in the financial services & credit industries.

The Basel Committee on Banking Supervision (BCBS) has issued a press release that sets out the minimum requirements it has developed to ensure that all classes of capital instruments fully absorb losses at the point of non-viability before taxpayers are exposed to loss

On balance, the Committee considers that the Australian banking sector is competitive.

Relief was extended to schemes with interests quoted on a financial market operated by Cboe Australia Pty Ltd in response to consultation feedback that the instruments should be drafted in a more market-neutral manner. [29 Sep 2025]

Blogs relating to Basel Committee on Banking Supervision agreement on measures to rengthen global capital standards.

A holding company is not automatically liable for the debts of its subsidiaries, even where it exercises control or operates as part of an integrated corporate group.

Law under the Corporations Act 2001 (Cth), particularly in Queensland where strict procedural compliance is enforced. A statutory demand is a powerful insolvency mechanism, but its effectiveness depends on accuracy, proper form, and compliance with statutory requirements. Not all errors in statutory demands will invalidate them. An overstated debt amount is recognised as a defect, but it will only justify setting aside the demand where it causes substantial injustice or gives rise to a genuine dispute.

Refusing to pay an invoice in Queensland is not as simple as deciding that you disagree with it. The law does not recognise a general right to withhold payment based on dissatisfaction alone. Instead, whether an invoice can be disputed or payment withheld depends on whether there is a genuine legal basis for doing so.

This article explores whether a statutory demand can be validly served by email under Australian law, following major reforms to the Corporations Act 2001 (Cth).

A possession claim is a court proceeding brought by a lender seeking possession of mortgaged property after a borrower defaults on their loan obligations. In Queensland, possession proceedings are governed by a combination of the mortgage contract, the Uniform Civil Procedure Rules 1999 (Qld), the Property Law Act 2023 (Qld), and, for regulated consumer loans, the National Consumer Credit Protection Act 2009 (Cth) and National Credit Code.

Missed mortgage payments in Queensland do not result in immediate repossession. Instead, it triggers a structured legal process governed by the mortgage contract, the National Credit Code, the Property Law Act 2023 (Qld), and the Land Title Act 1994 (Qld), with enforcement typically unfolding over several months.

Early signs of insolvency indicate when a company may be unable to pay its debts as they fall due, which is the legal test under s 95A of the Corporations Act 2001 (Cth), and they mark the point at which directors’ duties and exposure to insolvent trading risk begin.

Receiving a letter of demand does not automatically mean you owe the money, that the claim is valid, or that court proceedings will follow. A letter of demand is simply a formal assertion of a legal claim. Whether the claim ultimately succeeds depends on the underlying contract, the available evidence, any applicable legislation, the limitation periods, and the existence of a genuine legal defence.

The recent NSW Civ­il and Admin­is­tra­tive Tri­bunal deci­sion in Nichol­son v The Own­ers – Stra­ta Plan No 104042 [2025] NSW­CATCD 202 pro­vides impor­tant...

Stopping repossession in Queensland is often possible, but success depends on acting early and understanding the legal framework governing mortgage enforcement. Banks cannot automatically seize and sell a home after missed repayments.

Can a director be personally liable for company debts in Australia? Yes! While the corporate structure generally protects directors through separate legal personality, that protection is not absolute.