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APRA asked to investigate valuations

by Staff Reporter • 16 Dec 2014
According to the association, buyers are being disadvantaged by valuations that are too low. The development comes... READ MORE

Regulator lays down the law on risk

by Nick Bendel • 12 Dec 2014
The prudential regulator has now finalised its prudential standard and prudential practice guide on risk management,... READ MORE

APRA and ASIC 'turning up the dial' on banks

by Nick Bendel • 10 Dec 2014
APRA announced yesterday that it had written to Australia's lenders to inform them the regulator would further... READ MORE

Make ASIC stronger: Murray

by Nick Bendel • 9 Dec 2014
The final report of the David Murray-led federal inquiry said a stronger ASIC would improve consumer protection. "In... READ MORE

New mortgage calculators for MFAA members

by Staff Reporter • 27 Nov 2014
The new calculators will give brokers 20 different options for the residential and commercial sectors to assist in... READ MORE

APRA data reveals investor finance dominance

by Staff Reporter • 27 Nov 2014
APRA has reported that investor loans for all banks comprised $425.4 billion at 30 September this year, or 51.5 per... READ MORE

ASIC takes civil action against credit provider

by Staff Reporter • 27 Nov 2014
The company sells electronic devices and white goods via instalment payments to people who receive government... READ MORE

ASIC slaps director with 10-year credit ban

by Staff Reporter • 25 Nov 2014
The regulator announced today that it had cancelled the Australian credit licence of Net Finance, which is based in... READ MORE

Government issues loan fraud warning

by Staff Reporter • 19 Nov 2014
The Western Australian government revealed that 13 people had reported losses of more than $25,000 in the past year... READ MORE

ASIC backs simpler disclosure regime

by Nick Bendel • 17 Nov 2014
The regulator has invited the public to offer feedback on its proposed reforms, which are designed to cut red tape... READ MORE

APRA criticises banks in mortgage crash stress test

by Nick Bendel • 10 Nov 2014
That is the conclusion APRA reached after conducting a stress test of 13 Australian banks, which account for about 90... READ MORE

APRA warns industry about commissions 'risk'

by Nick Bendel • 6 Nov 2014
Mortgage broker remuneration was one of the issues that APRA discussed in its final prudential practice guide on... READ MORE

ANZ bullish about mortgages, worried about regulation

by Nick Bendel • 3 Nov 2014
The major bank reported a statutory profit of $7.3 billion for the 12 months to 30 September 2014, which represented... READ MORE

Any lending curbs won’t include 'heavy regulation': RBA

by James Mitchell • 23 Oct 2014
In a speech on Tuesday, RBA deputy governor Philip Lowe said previous experiences by the central bank to regulate... READ MORE

Is financial planning your next move?

by James Mitchell • 20 Oct 2014
The convergence story is nothing new. The finance industry has been discussing the importance of diversification for... READ MORE
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