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Compliance

Association working to ‘fix’ reference checking laws

by Annie Kane • 5 Aug 2021
Speaking in a regulatory update via video this week, the CEO of the Mortgage and Finance Association of Australia... READ MORE

Loyalty tax issue flagged to MPs

by Malavika Santhebennur • 2 Aug 2021
The CEO of Lendi Group, David Hyman, made the argument while appearing before the House of Representatives standing... READ MORE

Governments extend COVID support to NSW, Vic

by Sarah Simpkins • 29 Jul 2021
On Wednesday (28 July), the federal government flagged that it had teamed up with both state governments across... READ MORE

Millennials call for more housing regulation

by Malavika Santhebennur • 28 Jul 2021
The Borrower Sentiment Index for the June 2021 quarter released by homeloanexperts.com.au has revealed that 70 per... READ MORE

MyBudget scrambles for AFS licence after ASIC probe

by Sarah Simpkins • 20 Jul 2021
Personal budgeting provider MyBudget had never held an Australian financial services (AFS) licence and was not... READ MORE

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
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