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Compliance

SME lending ‘desperately needs better regulation’, says lender

SME lending ‘desperately needs better regulation’, says lender
by • 22 Nov 2021
The SME lending fintech is calling for stronger regulations to address the country’s “entrenched lack of... READ MORE
AFCA members to see ‘near real-time’ complaints data

AFCA members to see ‘near real-time’ complaints data

by Annie Kane • 22 Nov 2021
The Australian Financial Complaints Authority (AFCA) has launched a new digital platform to help members “better... READ MORE
ASIC sues group over behaviour against debtors

ASIC sues group over behaviour against debtors
by • 19 Nov 2021
The Australian Securities and Investments Commission (ASIC) has begun civil penalty proceedings against A&M Group... READ MORE
New draft regulatory guide released on consumer remediation

New draft regulatory guide released on consumer remediation
by Annie Kane • 17 Nov 2021
The Australian Securities and Investments Commission (ASIC) on Wednesday (17 November) released an updated and... READ MORE
AFCA extends pre-expulsion appeal deadline

AFCA extends pre-expulsion appeal deadline
by Annie Kane • 12 Nov 2021
Last week, many brokers reported receiving pre-expulsion notice emails from the chief ombudsman and chief executive... READ MORE
Victorians spend $2bn as state reopens

Victorians spend $2bn as state reopens
by • 10 Nov 2021
Transaction data collected and released by the National Australia Bank (NAB) earlier this week (8 November) has found... READ MORE
ASIC outlines ramifications of AFCA expulsion

ASIC outlines ramifications of AFCA expulsion
by Annie Kane • 9 Nov 2021
Last week, many brokers reported receiving pre-expulsion notice emails from the chief ombudsman and chief executive... READ MORE
NSW Premier presses on with stamp duty scrap

NSW Premier presses on with stamp duty scrap
by Juliet Helmke • 9 Nov 2021
The remarks came during a budget estimates hearing on Thursday (4 November), which lasted three hours, during which... READ MORE
Exclusive interview: Federal treasurer Josh Frydenberg

Exclusive interview: Federal treasurer Josh Frydenberg

by Annie Kane • 8 Nov 2021
Alex Whitlock (AW): It’s sometimes hard to comprehend, even as we stand here now, exactly what we’ve been through... READ MORE
Deadline for AFCA expulsion appeals looms

Deadline for AFCA expulsion appeals looms
by Annie Kane • 8 Nov 2021
Last week, many brokers reported receiving pre-expulsion notice emails from the chief ombudsman and chief executive... READ MORE
ASIC slaps Ferratum Australia with lawsuit

ASIC slaps Ferratum Australia with lawsuit
by Sarah Simpkins • 1 Nov 2021
ASIC has alleged that between March 2019 and August 2021, Ferratum breached consumer credit protection laws in... READ MORE
Government introduces compensation scheme legislation

Government introduces compensation scheme legislation
by Malavika Santhebennur • 1 Nov 2021
The Morrison government has announced that it has introduced legislation into Parliament to establish the... READ MORE
Federal Treasurer backs economic recovery as NSW emerges from lockdown

Federal Treasurer backs economic recovery as NSW emerges from lockdown
by Annie Kane • 11 Oct 2021
Federal Treasurer Josh Frydenberg believes that despite a short-term contraction triggered by lockdowns in NSW and... READ MORE
Association heads flag downside risks of buffer changes

Association heads flag downside risks of buffer changes
by Annie Kane • 6 Oct 2021
On Wednesday (6 October), the Australian Prudential Regulation Authority (APRA) announced changes to mortgage lending... READ MORE
New regulatory regimes commence

New regulatory regimes commence
by Annie Kane • 5 Oct 2021
New financial services laws impacting the broking space have come into effect today (5 October), as part of a swathe... READ MORE
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