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AMP dodges criminal charges in fees-for-no-service investigation

by Sarah Simpkins • 19 Jul 2021
The regulator declared on Friday (16 July) that it would be taking no further action, after investigating suspected... READ MORE

Government releases new compensation legislation for consultation

by Annie Kane • 16 Jul 2021
The government has released for consultation new draft legislation to implement recommendations of the banking,... READ MORE

Debt management ACL regime begins

by Malavika Santhebennur • 7 Jul 2021
From 1 July 2021, debt management service providers (including firms offering “debt negotiation” or “credit... READ MORE

RBA delivers first rate decision for FY21-22

by Malavika Santhebennur • 6 Jul 2021
The Reserve Bank of Australia (RBA) has held the official cash rate at the current record low of 0.10 per cent amid... READ MORE

‘Responsible lending’ issues among top consumer complaints

by Annie Kane • 6 Jul 2021
The Australian Financial Complaints Authority (AFCA) has released a preliminary data “snapshot” of complaints... READ MORE

Valuation fluctuation: The rise and fall of property values

by Annie Kane • 1 Jul 2021
When the pandemic hit and borders closed, it seemed that the nation as a whole started looking at their direct... READ MORE

Non-majors in the spotlight

by Annie Kane • 1 Jul 2021
If there was ever a year for a lender to ensure they were at the top of their game, it was FY21. The last financial... READ MORE

Qld real estate body calls for stamp duty reform

by Malavika Santhebennur • 21 Jun 2021
The Queensland government released its 2021-22 budget recently, in which it announced various measures for housing... READ MORE

Calls for NSW property tax to play a role in HEM

by Malavika Santhebennur • 17 Jun 2021
In November 2020, the NSW government launched a public consultation as part of the NSW 2020-21 budget on enabling... READ MORE

Vic government adds $8.4m to support for businesses

by Sarah Simpkins • 10 Jun 2021
On Wednesday (9 June), the Victorian government declared that lockdown restrictions in Melbourne will ease from... READ MORE

Lending standards haven’t eased: RBA

by Sarah Simpkins • 4 Jun 2021
The Reserve Bank of Australia (RBA) has been monitoring both the housing and mortgage markets, working with APRA to... READ MORE

Vic government launches $250.7m business grants package

by Sarah Simpkins • 1 Jun 2021
The $250.7 million Circuit Breaker Business Support Package will be allocated to up to 90,000 Victorian businesses... READ MORE

‘The bill is done’: Jacqui Lambie on RLO repeal

by Malavika Santhebennur • 28 May 2021
The federal government revealed its consumer credit reform plans in September 2020, including scrapping responsible... READ MORE

Vic opposition vows to scrap stamp duty

by Malavika Santhebennur • 27 May 2021
The Liberal Nationals Party has committed to abolishing the stamp duty tax increase on the family home if it is... READ MORE

Treasurer stays firm on responsible lending repeal

by Sarah Simpkins • 24 May 2021
The government declared in September that it would be scrapping responsible lending obligations under the National... READ MORE
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