'Absolutely fed up': ASIC slams $250 billion private credit sector
It's not for lack of trying, but ASIC is furious with the private credit sector's seeming indifference toward to the regulator's attempt to crack down on poor lending practices.
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It's not for lack of trying, but ASIC is furious with the private credit sector's seeming indifference toward to the regulator's attempt to crack down on poor lending practices.
Caroline "Carlee" Smith's body was found by police during a welfare check at her home in south-west Victoria in May, 2025.
Allegations of espionage between China and the US are nothing new. But a target as big as Jensen Huang could change who wins the AI race.
Increasing use of renewables and the Iran war contribute to a drop in emissions from burning oil, coal and gas, but there are questions as to how long the shift will last.
A US judge denies a motion to dismiss the murder case against Lindsay Clancy, which opens the possibility of a retrial.
The impact of the last Netball World Cup on Australian soil is still being felt today. Now, 2027 organisers are aiming to break that tournament's world-record crowd again in Sydney.
John Aloisi has paid the price for Chengdu Rongcheng's catastrophic title choke, with the Chinese club sacking the Socceroos great.
How many local councillors is too many? Residents in a south-east Queensland council where each division has two councillors want a return to having just one to deal with.
Cricket Australia will not reopen an investigation into the infamous 2018 Sandpapergate controversy, according to chief executive Todd Greenberg, in the wake of Usman Khawaja's claims that the entire Australian Test team knew it was happening.
A large study suggests people with type 2 diabetes who start and then stop GLP-1 drugs may have poorer health outcomes, but more research is needed.
Beau Lamarre-Condon is back being cross-examined by the prosecution in his double murder trial.
William, whose surname has not been released by authorities, was camping with a friend at Walhalla East, near Cowwarr in Gippsland, when he disappeared on Friday.
As Labor and the Liberals continue their campaign push, One Nation has spoken with the ABC and the Greens have announced a new policy modelled on one launched in New York City.
The Northern Territory Labor Opposition says it will build a new Royal Darwin Hospital if it wins the 2028 NT election.
Lisa Roberts-Daintree receives a compliance notice from Redland City Council after a neighbour reported her for exceeding Redland's two-cat maximum rule.
Octogenarian M John Harrison has won the Booker Prize for The End of Everything, which the judges described as "the politics of now seen through the lens of the future".
One doctor described the situation as unprecedented, immoral and potentially dangerous.
Some desert frogs can spend years underground, emerging only after rain. Now scientists are asking Central Australians to help track them down.
Double murderer Mark Bombara, who shot a mother and daughter as they pleaded for their lives in their Perth home, was a "domineering" man who could not cope with the end of his marriage, an inquest is told.
Todd Russell, whose rescue, along with colleague Brant Webb, from a collapsed gold mine captivated the world for weeks in 2006, has died days after returning home from hospital.
A WA Police officer wore an explicit label on his uniform while on official duties and in the presence of other officers, body-worn camera footage obtained by the ABC shows.
Woodside's traditional owner partners of 30 years have criticised the land access deal behind Australia's biggest gas project, withdrawing support for its Browse expansion.
More than 44,000 Australians voted in this year's ABC Australia Insect of the Year campaign, but which of our six finalists took home the gold?
McLaren Formula 1 driver Oscar Piastri has parted ways with his management, fellow Australian Mark Webber and his wife Ann, by mutual agreement.
Nvidia shares tumbled after the company opened an investigation into Mr Huang's ties with a suspected Chinese spy.
Qantas CEO Vanessa Hudson says the airline will slash roles as it strikes a deal with Accenture. Wall Street indices have leapt despite a spy scandal at Nvidia, the world's most valuable company. Follow live.
Australia coach Tony Popovic insists Socceroos players who are reluctant to play Jordan due to security concerns will not be blacklisted from the national team set-up if they elect to withdraw from his squad.
A country artist who underwent her fourth endometriosis surgery last month is sharing her struggles with the chronic disease in the hope of attracting more funding for research.
It has been one year since Victoria released its landmark report into women's pain, and advocates are concerned the delay to the government's action plan is another example of how the issue is being ignored.
Senior Labor MPs have defended Jim Chalmers's handling of the federal budget following leaks to the media about the treasurer. Follow live.
Supported Accommodation will provide transitional housing in 37 projects statewide, and is expected to deliver more than 600 places for Queenslanders sleeping rough.
Video seen by the ABC shows an injured sheep being thrown into a paddock surrounded by dozens of dead animals at one of Australia's largest livestock exchanges.
The disgraced British entertainer-turned-conspiracy theorist charted a course towards fame and notoriety before a criminal trial in London found him to be a sexual predator.
NSW Bureau of Crime Statistics and Research finds that Aboriginal children are 30 per cent less likely to receive a court diversion from police compared to non-Aboriginal children.
Questions hang over Pete Hegseth's tenure as US defense secretary as a congressman launches a fresh attempt to impeach him amid growing bipartisan calls for him to resign.
Usman Khawaja and David Warner's Sandpapergate revelations may have set the scene for civil war in Australian cricket as the 2018 ball-tampering scandal continues to captivate and damage.
Federation University staff have walked off the job following eight months of failed enterprise agreement negotiations, and a back-step by management that left staff "fearful".
Trains and trams have until December 2032 to implement accessibility upgrades — but disability advocates are calling for tactile ground markers to be fast-tracked near public transport.
The upcoming Sheffield Shield round of matches will be crucial for determining the make-up of the Australian Test team to play New Zealand in December.
The jade-smuggling trade is growing in Myanmar, exposing how the global hunger for precious minerals can finance and fuel conflict.
Delivery workers say they are being forced to pay for orders that are stolen from them, as attention turns to safety after the stabbing death of Feng Jianming in Melbourne.
Blackfella Films producer Darren Dale's directorial debut, 2.6 Seconds: Death in The Outback, dissects the shooting death of 19-year-old Warlpiri man Kumanjayi Walker by Northern Territory police officer Zachary Rolfe.
Humans are an inventive bunch, constantly coming up with solutions to problems and working out ways to make life easier or better. And many ingenious inventions are Australian.
Owning your own home can give a welcome sense of security, but the jury is out on whether it's the best money move.
The operator of a now-closed Neil the seal merchandise website has been fined for "falsely" claiming it was donating a portion of its profits to conservation organisations.
Hobart City Council's newly elected councillors have been formally sworn in. New Lord Mayor Charles Wooley says he wants to be a "people's mayor".
Labor's pledge follows an opposition pledge to introduce a domestic violence disclosure scheme within 100 days if elected on November 28.
Lawyers say the historic class action should put the entire sector on notice over exploitation of staff.
Soaring global inflation has spurred voters to flip the political status quo in the US and NZ. The outcomes of both elections will have profound implications for Australia.
Daryl "Dundee" Fladung was recruited to fight for Russia while playing video games at home in outback Queensland. Ten days after posting about joining the frontline, he went missing.
Corporate regulator ASIC launches a formal investigation into collapsed property giant Bathla Group, which owes creditors at least $3.4 billion.
France's Foreign Minister Jean-Noël Barrot says the Iran's Revolutionary Guards Corp is behind the "unprecedented" cyber attacks on supermarket fridges as he vows to press for Europe-wide sanctions.
More than 2.5 million worshippers attend the pontiff's Mass in the Argentinian capital, with some camping overnight to get a glimpse of the Catholic leader.
The climate summit will push for nations around the world to electrify their energy faster and move away from fossil fuels, as Chris Bowen predicts global temperatures will rise to 2.6 degrees above pre-industrial levels.
Russell Brand was found guilty last week of one count of rape and three counts of sexual assault relating to four women between 2004 and 2009.
Bogus "countdown timers", false "storewide" discount claims and misleading price comparisons are in the spotlight as the consumer watchdog cracks down this sales season.
A gunman who killed six people and injured 15 others in a mass shooting in central Krakow, Poland, has died in hospital.
Don Punch faces calls to resign as he visits South Hedland for the first time since reports emerged of children living in squalid conditions.
Russia's second-largest oil refinery has been set ablaze following a Ukrainian drone attack that killed a local woman, a day before Russian, Ukrainian and US negotiators sit down for their first peace talks since February.
NSW Police is reviewing the employment status of two constables, aged 27 and 25, following the alleged hit and run.
Brisbane goes in-house to choose its successor to three-time premiership winning coach Chris Fagan, as Cameron Bruce wins the race for the prized job.
The WA Commissioner for Consumer Protection launches civil court action against a fuel retailer it alleges has been making false or misleading claims about the octane rating of petrol.
An arrangement of weeds that are infesting parts of WA's South West gets a couple of gongs that the winner hopes will help to highlight the issue of problem plants.
David Warner throws his full support behind his childhood friend, Usman Khawaja, while slamming Cricket Australia's investigation into ball tampering.
Queensland premier David Crisafulli says tougher laws "will be considered" after two separate acts of vandalism on war memorials over the last 48 hours.
Lawyers for a Northern Territory teenager charged with terrorism offences last month say he is a "keyboard warrior" who should be "treated, not penalised", as a court considers his application for bail.
The Conservation Council is calling for a moratorium on new data centre developments in the ACT until tougher rules are in place, amid "increasing concerns" about the impact on Canberra's water supply and electricity grid.
After demerit points black markets are exposed by 7.30, the man who oversaw the introduction of Queensland's system in the 90s says the Crisafulli government must act.
All Tasmanian parliamentarians are now receiving the full 22 per cent pay rise they are entitled to, including the premier, who previously said it was "out of step with community expectations".
Joe Fonti takes aim at his former skipper after his defection to Geelong as the Giants look to make up for a host of lost experience.
A 19-year-old woman who died after an alleged violent assault at a Bundamba home in 2023 texted her mother saying she wanted to come home on the night of her death.
The inventor of the stump-jump plough was initially dismissed as a "fool and a lunatic", but the innovation changed farming forever.
An inquest into the deaths of Jennifer and Gretl Petelczyc, who were murdered in their home by Mark Bombara, hears frantic Triple Zero calls made in the moments before they were fatally shot.
The former police officer rejects that he "executed" Jesse Baird and deliberately shot the television presenter's new boyfriend.
Public hearings started with the events leading up to a stop-work at a Sunbury level crossing removal site in June 2022.
The chief executive of the world's most valuable company and a close ally of Donald Trump admitted to an affair with a woman suspected of being a Chinese spy. Here's what we know.
The Queensland government has put fraudsters on notice after a dramatic increase in the amount paid out through a victims of crime scheme.
From a breakfast omelette sandwich to a chickpea smash filling, these simple and customisable sandwich and wrap recipes are fit for breakfast, lunch or dinner.
The teacher and mother describes the shark taking a "chunk" of her leg so doctors were unable to save her quad muscle and outer hamstring.
A small business owner curating secondhand and vintage goods says her connection with customers is what has kept her afloat.
The Samoa star is suspended after showing his frustration at the officiating in his side's loss to Australia in the Rugby League World Cup semifinal.
Lance Morris's wait for a Test debut is set to be extended after he injured his hand at a social event following Western Australia's clash against England.
New South Wales Police is calling for witnesses to a crash in which a 10-year-old boy was killed near the ACT border last month.
Police believe a body found in Victoria's Alpine region is that of a 76-year-old Warrnambool man who disappeared last Wednesday.
Izzy Neale, 22, is fighting for her life after suffering a serious fall at a race meet in western NSW.
The court heard the teen had sought instructions about how to make a pressure-cooker bomb and researched potential target locations, including the Sydney Marathon finish line.
Carlos Alcaraz wins the elusive Paris Masters for the first time in his career, claiming his fifth title win of the calendar year.
Several people in the North Bundaberg medical centre were hit when the car crashed into the shopfront.
Needing just one point from its final four games to claim the CSL crown, coach Aloisi's Chengdu Rongcheng loses every game and blows a 14-point lead in the run home.
The operator of the new Spirit of Tasmania ferries has suspended the use of autopilot during transits of Port Phillip Bay as a probe into the ships' steering faults continues.
Raheim Brown Jr made headlines in September as the youngest player signed by an NBL club in 44 years, but his debut for the Adelaide 36ers on the weekend will live in the memories of many fans.
The pilots survived the crash after their aircraft nosedived into a river while collecting water to fight fires.
Australia's chairman of selectors confirms the omission of Marnus Labuschagne after an extended lean run of form at the Test level.
The US president backtracks on his announcement offering Ultimate Fighting Championship CEO Dana White the vacant White House press secretary role.
Beau Lamarre-Condon has been cross-examined after giving evidence in his double murder trial.
NSW Police say they were told the teenager was stabbed several times in the abdomen.
A major contractor in Victoria's Big Build was wary of the "unprecedented access" the CFMEU had to Andrews government ministers, a corruption royal commission has heard. Follow live in our blog.
Police have found the body of a man who went missing in the Gold Coast Broadwater while trying to manually steer a tinnie to his sailboat.
Two young retail workers in Katherine have been charged over the alleged assault and strangulation of a 33-year-old man accused of shoplifting at their store.
The teenager from the Latrobe Valley most likely spent the weekend wearing just shorts and boots as snow fell on nearby mountains.