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Compliance

Delaying the inevitable

by Staff Reporter • 30 Oct 2009
The corporate regulator the Australian Securities and Investments Commission (ASIC) has pushed back the start date for... READ MORE

Surprise RBA move on rates

by Staff Reporter • 30 Oct 2009
On 6 October the Reserve Bank of Australia (RBA) lifted the official cash rate by 25 basis points to 3.25 per cent –... READ MORE

Refund Home Loans to defend ACCC claim

by Staff Reporter • 22 Oct 2009
According to the ACCC, Mr Ormond and his company made false and misleading representations about having a special... READ MORE

APRA approves NAB / Challenger deal

by Staff Reporter • 21 Oct 2009
The bank regulator confirmed this week that it would not intervene in the acquisition, less than two weeks after the... READ MORE

ACCC approves NAB/ Challenger deal

by Staff Reporter • 7 Oct 2009
NAB’s personal banking group executive, Lisa Gray, said the bank welcomed the ACCC’s decision. "This acquisition... READ MORE

ACCC probes Australian Loans Management

by Staff Reporter • 7 Oct 2009
According to the ACCC, Australian Loans Management promoted and sold ‘licence agreements’ for a finance broking... READ MORE

Supporting securitisation: should the government do more?

by Staff Reporter • 28 Sep 2009
The global financial crisis hit the Australian securitisation market hard. And although sentiment is improving, the... READ MORE

The rise of white labelling

by Staff Reporter • 28 Sep 2009
Funding challenges and cuts to commissions have left many brokers feeling disillusioned and looking for alternative... READ MORE

Challenger welcomes revised credit regulations

by Staff Reporter • 24 Sep 2009
Last week, section 130(3) of the proposed legislation, which gives lenders permission to use the information gathered... READ MORE

ASIC shakes up lending obligations

by Staff Reporter • 3 Sep 2009
ASIC released its policy proposals as part of its extensive consultation process for its proposed National Consumer... READ MORE

Still a place for part-timers?

by Staff Reporter • 24 Aug 2009
Minimum volume requirements introduced by two of the four majors in recent months have called into question the place... READ MORE

Challenging times for aggregation

by Staff Reporter • 24 Aug 2009
New bank minimum volume quotas and changes to broker accreditation requirements have hit the broking industry hard.... READ MORE

Govt under pressure to promote competition

by Staff Reporter • 13 Aug 2009
Challenger’s general manager of distribution, broker platforms and lending, Steve Weston, is calling on the... READ MORE

Demand for fixed rates continues to climb

by Staff Reporter • 31 Jul 2009
There is growing concern among brokers that borrowers may have missed the fixed rate boat, following an increase in... READ MORE

Consumer Affairs clamps down on dodgy estate agents

by Staff Reporter • 29 Jul 2009
Underquoting refers to the process whereby agents entice more potential buyers for a property by quoting lower values... READ MORE
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