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Compliance

LMG adopts new regtech system
by Reporter • 21 Mar 2023
LMG has announced it has adopted a new regtech system from UK-based technology company Clausematch. The regtech... READ MORE

Average time to write a loan increases: BrokerEngine
by Annie Kane • 15 Mar 2023
Broker software fintech BrokerEngine has revealed new data showing that the average time taken to write a home loan... READ MORE

CSLR introduced to Parliament
by James Mitchell • 13 Mar 2023
The measure was previously part of the Credit Act but was removed at the end of last year. It had since been... READ MORE

Payroll tax overreach an ‘absolutely criminal act’
by Alex Whitlock • 6 Mar 2023
Revenue NSW’s move to recoup millions of dollars from the mortgage broking industry is a big issue for... READ MORE

Revenue NSW has ‘no legal basis’ to levy payroll tax: MFAA
by Annie Kane • 24 Feb 2023
The Mortgage & Finance Association of Australia (MFAA) has written to Revenue NSW — the division of... READ MORE

Predatory lending in ASIC’s crosshairs
by Adrian Suljanovic • 16 Feb 2023
the Australian Securities and Investments Commission (ASIC) has confirmed that it will be targeting instances... READ MORE

Home loan broker handed 14-month sentence
by Fabian Cotter • 14 Feb 2023
A NSW court has handed down sentencing to a broker over false document charges. Parramatta Local Court sentenced... READ MORE

Credit facilities should be regulated as financial products: Levy
by Annie Kane • 10 Feb 2023
The federal Treasury has released the final report of the Quality of Advice Review (QAR), which contains 22... READ MORE

New review considers new mandates for payment terms
by • 7 Feb 2023
A review of the Payment Times Reporting Act 2020 (the Act) has opened for public feedback, with a range of options... READ MORE

Government makes move to regulate crypto
by Charbel Kadib • 3 Feb 2023
The federal government has announced plans to heighten oversight of the crypto trading industry amid concern over the... READ MORE

Government to rely on monetary policy to curb inflation
by • 31 Jan 2023
The Assistant Minister for Competition, Charities and Treasury, Andrew Leigh, has sympathised with the thousands of... READ MORE

ACCC deputy chair’s 3 decades formally close
by Fabian Cotter • 30 Jan 2023
Assistant federal Treasurer, the Honourable Stephen Jones MP, has paid homage to Delia Rickard, outgoing deputy chair... READ MORE

MFAA calls for BNPL to be regulated
by Annie Kane • 23 Jan 2023
The Mortgage & Finance Association of Australia (MFAA) has responded to the government’s Regulating Buy Now,... READ MORE

CEO of COSBOA announces resignation

by • 18 Jan 2023
On the back of two tumultuous years, COSBOA chairman, Matthew Addison, praised Alexi Boyd for her service during a... READ MORE

NSW borrowers compare property tax costs amid new scheme
by • 17 Jan 2023
The first home buyer scheme, which came into effect 16 January, enables buyers to opt out of paying stamp duty in... READ MORE
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