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Compliance

ACCC demands greater transparency from franchises

by Nick Bendel • 5 Jan 2015
The old Franchising Code was repealed and replaced with the new Franchising Code of Conduct at the start of the year,... READ MORE

Michael Russell says APRA action 'makes no sense'

by Nick Bendel • 23 Dec 2014
Chief executive Michael Russell said he was "astonished" by APRA's recent decision to warn banks about their investor... READ MORE

Banks call for immediate APRA action

by Staff Reporter • 22 Dec 2014
The current rules on risk weighting allow the big four banks to hold less capital than the non-majors, which the... READ MORE

Crystal balling for 2015

by Reporter • 18 Dec 2014
Bigger and better If you thought 2014 presented some incredible opportunities for mortgage brokers, 2015 is looking... READ MORE

The Word: Channel conflict

by Reporter • 18 Dec 2014
Bad for customers Smart banks know that they must avoid channel conflict, and banks should stop biting the hand that... READ MORE

2014: Year in review

by Huntley Mitchell • 18 Dec 2014
History may remember 2014 as the year in which brokers became the dominant force in the Australian mortgage market... READ MORE

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
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