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ASIC unconvinced easing RLOs would increase ‘affordable credit’
by Annie Kane • 24 Oct 2024
Delivering the keynote address at the 34th Annual Credit Law Conference on Thursday ( 24 October), ASIC commissioner... READ MORE
ABA backs ‘conversations’ on changing buffers
by Annie Kane • 24 Oct 2024
The Senate inquiry into the financial regulatory framework and home ownership – run by the economics references... READ MORE
Industry rails against broker remuneration review calls
by Annie Kane • 22 Oct 2024
Senior industry leaders have hit back at a recommendation made by consumer groups for a new ASIC review into broker... READ MORE
Mortgage rules hurting first home buyers: Senator Bragg
by Annie Kane • 21 Oct 2024
On Wednesday (16 October), the Senate inquiry into the financial regulatory framework and home ownership was held by... READ MORE
MFAA sets out 8 recommendations to Senate home ownership inquiry
by Annie Kane • 2 Oct 2024
The Mortgage & Finance Association of Australia (MFAA) has submitted eight recommendations across four main areas... READ MORE
Government extends responsible lending exemption for SME finance
by Annie Kane • 1 Oct 2024
The Treasury has announced that it is extending the responsible lending obligation (RLO) exemption for small-business... READ MORE
ASIC begins cancelling credit licences following CSLR payments
by Annie Kane • 25 Sep 2024
The Australian Securities & Investments Commission (ASIC) has cancelled the Australian credit licences (ACLs) of... READ MORE
ASIC sues Sydney businesses for alleged unlicensed lending
by Reporter • 24 Sep 2024
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Federal Court against... READ MORE
Senate approves inquiry into CSLR and Dixon collapse
by Reporter • 18 Sep 2024
The parliamentary joint committee on corporations and financial services is set to scrutinise the collapse of Dixon... READ MORE
Loan Market payroll tax judgment delayed
by Annie Kane • 6 Sep 2024
The long-running court case between Loan Market Group Pty Ltd/Loan Market Pty Ltd and Revenue NSW regarding the... READ MORE
ASIC extends reference checking protocol to mortgage aggregators
by Annie Kane • 19 Aug 2024
The Australian Securities & Investments Commission (ASIC) has updated its reference checking and information... READ MORE
Broking association responds to government’s CDR move
by Adrian Suljanovic • 12 Aug 2024
Following an announcement from Assistant Treasurer Stephen Jones MP on Friday (9 August), CEO of the Mortgage &... READ MORE
CDR to be reset
by Adrian Suljanovic • 12 Aug 2024
Assistant Treasurer and Minister for Financial Services, Stephen Jones MP, has announced that the federal government... READ MORE
Banks to refund $28m to low-income customers
by Charlotte Humphrys • 15 Jul 2024
The Australian Securities and Investments Commission (ASIC) has conducted a review of four Australian banks and found... READ MORE
ASIC reduces broker levy after questions raised
by Annie Kane • 12 Jul 2024
The Australian Securities & Investments Commission (ASIC) has updated its draft cost recovery implementation... READ MORE
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