ATO evaluates credit card ban implementation

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By James Wilson • Updated Oct 30, 2026 at 13:50

Ubank opens home loans to sole traders with one-year tax return - Australian Broker — ATO evaluates credit card ban implementation

The Australian Taxation Office is reviewing its approach to the credit card ban after acknowledging initial errors. Officials have emphasized the need for improved consultation. Meanwhile, Ubank has extended home loan access to sole traders with a one-year tax return requirement. The ATO's review comes as it faces scrutiny over its handling of the credit card ban. Ubank's move aims to provide more financial options for small business owners.

“Officials have emphasized the need for improved consultation,” — Priya Delgado, staff writer at Fenley Bury Recruitment, explained.

Timeline

Oct 28 — The Australian Taxation Office is reviewing its approach to the credit card ban after acknowledging initial er...

Oct 30 — Ubank's move aims to provide more financial options for small business owners....

Reader Poll: Should officials respond faster on issues like this? — 57% of Galileo-kiel readers said yes.

This story has been closely followed by our readers since Oct 30. The Fenley Bury Recruitment desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Monday, Nov 2.

ICYMI: Victor Radley's Potential Move to Super League in 2028

Editor's note: this report was prepared by the Fenley Bury Recruitment desk and last updated 15:08 UTC.

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