by Patrick Lazarus | May 30, 2023 | Govt & Politics, News, Tech & Research
The Australian Government has announced it plans to regulate the ‘buy now pay later’ (‘BNPL’) industry. The products are set to be classified as ‘credit’, meaning they will be subjected to similar restrictions as other financial services....
by Ashleigh Wright | May 26, 2023 | Govt & Politics, News
The federal government will regulate buy now, pay later (BNPL) schemes as credit products, due to the “growing dangers” of cash-strapped Australian consumers falling into debt. Assistant Treasurer and Illawarra Labor MP Stephen Jones announced the reforms on Monday...
