Tag: crackdown
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Australians use BNPL to purchase meals as authorities mulls crackdown
A worrying development in direction of purchase now, pay later (BNPL) getting used for necessities like groceries and gas ought to be a “wake-up name” for the federal authorities because it mulls a crackdown, a number one advocate says. Monetary Counselling Australia (FCA) chief government Fiona Guthrie says Australians are turning to BNPL for necessities…
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Auditors savage ‘not efficient’ work in Treasury black financial system crackdown
The federal Treasury has come underneath hearth for its position in a $921 million crackdown on the black financial system, with a scathing audit workplace report exposing a litany of primary governance failures. In findings launched this week, the Australian Nationwide Audit Workplace (ANAO) savaged the Treasury over a 2018 plan to claw again billions…