Malavika Santhebennur

Credit union expands broker channel reach

The credit union has launched in Victoria’s broker market, expanding its push into the state with 600 brokers from PLAN.

BROKER • Sun, 28 Mar 2021

Small business review service made permanent

The ATO has announced that its independent review service for tax disputes will be available permanently to eligible small businesses.

COMPLIANCE • Sun, 28 Mar 2021

Home values up 400% in 30 years: study

Property values have soared over the last 30 years, while the average mortgage provided by Aussie has grown more than 13 times between 1995 and 2021, a new study has ...

GROWTH • Sun, 28 Mar 2021

ASIC to enforce BID under proposed RLO changes

ASIC has said that it will be responsible for administering and enforcing broker BID rules if and when the responsible lending laws are repealed later this year.

COMPLIANCE • Thu, 25 Mar 2021

AFG adds short-term lender to panel

The aggregator has added a short-term private lender to its lender panel, marking the first time a short-term lender has been made available to its brokers, AFG said.

LENDER • Wed, 24 Mar 2021

Trainee incentive ‘game changer’ for brokers: brokerage

Loan Market has posited that the broking sector is “best placed” to take advantage of the government’s extension of its nationwide trainee hiring incentive.

BROKER • Wed, 24 Mar 2021

Mortgage broker banned for seven years

The corporate regulator has banned an NSW mortgage broker from engaging in credit activities for seven years.

BROKER • Tue, 23 Mar 2021

Mortgage broker complaints remain below 1%

Less than 1 per cent of the complaints received by the financial complaints authority around banking and finance products related to mortgage brokers, AFCA data showed

BROKER • Mon, 22 Mar 2021

CBA announces fixed rate cuts

The major bank has slashed its two-year fixed rates to new lows but increased its four-year fixed rates by 20 bps.

LENDER • Mon, 22 Mar 2021