A number of private lenders have joined forces to provide the DomaCom Fund access to an initial lending line of $100 million, which will allow the fractional property investment company to acquire up to $250 million in property.

The Australian Securities and Investments Commission (ASIC) has announced it will give financial firms, including super trustees, transitional relief until 1 July 2019 to allow for the updating of mandatory disclosure documents and periodic statements with the contact details of the Australian Financial Complaints Authority (AFCA).