Inquiry to adjudicate industry split over property settlement monopoly

Senior Business Correspondent
25 Mar, 2025
Michael Sainsbury
Senior Business Correspondent
25 Mar, 2025
The members of a Senate Committee Inquiry face the daunting task of shaping the future of a cornerstone of the Australian economy – buying property - against a backdrop of industry discontent, outages and big business profits.
Inquiry to adjudicate industry split over property settlement monopoly

The members of a Senate Committee Inquiry face the daunting task of shaping the future of a cornerstone of the Australian economy – buying property - against a backdrop of industry discontent, outages and big business profits.

Subscriber article

This article is available to PayDay News subscribers.

trending

Australia Post promises at least 4,000 retail outlets, but some already operate without cash and hundreds lack Bank@Post, raising questions about what cash and payment services will survive
On The Interchange Bench this week, TNS promotes PAX chief Johnson to global role, Walsh appointed pay’s marketing chief, Younes takes on platforms at Stripe, Edwards lands as
Coles has shut down Coles Pay but is stepping up Flybuys rewards ahead of Christmas just as Australia’s banks cut credit card perks, reframe loyalty offerings and consumers
Australian merchants using Adobe Commerce and Magento were last week urged to apply security patches immediately after authorities warned a critical vulnerability was being actively exploited.
Crypto executives say AUSTRAC’s recent crackdowns will strengthen the industry’s legitimacy.

RELATED STORIES ▸

The fault lines in Australia’s payments
The fault lines in Australia’s payments
The fault lines in Australia’s payments
Commentator Vibhu Arya breaks down the recent RBA submissions, analysing who is lobbying for what at a high level. ...
RBA puts retail digital dollar on ice as tokenised wholesale push grows
RBA puts retail digital dollar on ice as tokenised wholesale push grows
RBA puts retail digital dollar on ice as tokenised wholesale push grows
Australia’s central bank sees little need for a digital dollar for consumers, but is pushing ahead with plans to reshape ...
Government to refresh payments strategy as fintech plan lands
Government to refresh payments strategy as fintech plan lands
Government to refresh payments strategy as fintech plan lands
Treasury will consult on a refreshed Strategic Plan for Australia’s Payments System later this year as part of a broader ...
Australia Post to drop Western Union as AUSTRAC opens investigation
Australia Post to drop Western Union as AUSTRAC opens investigation
Australia Post to drop Western Union as AUSTRAC opens investigation
Western Union is now under enforcement investigation over its agent network six weeks before its biggest Australian agent walks after ...
Western Union & TenPay Global partner to launch Weixin Mini Program
Western Union & TenPay Global partner to launch Weixin Mini Program
Western Union & TenPay Global partner to launch Weixin Mini Program
Through the partnership of global company’s TenPay Global and Western Union, Weixin Mini Program launches, making Australia-to-China remittances more convenient ...
Macquarie backs industry-wide A2A push as RBA priority
Macquarie backs industry-wide A2A push as RBA priority
Macquarie backs industry-wide A2A push as RBA priority
Macquarie wants AP+ running BECS and the NPP, while fintechs have attacked the NPP access costs. ...

Got a story to share?

Get in touch with PayDay News today!

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information