Get notifications in real-time for staying up to date with content that matters to you.
The Commonwealth government yesterday reached an agreement with State and Territory governments to assume responsibility for the regulation of all consumer credit.
As part of the new regime, the Federal government will be responsible for all regulation of non-deposit taking lending institutions and mortgage brokers, with a view to extinguish any “gaps and conflicts” that exist in the current market.
“A seamless national regime will assist in ensuring that consumers are better protected in their dealings with credit products and credit providers, including brokers and advisers,” COAG said.
Published: 04-07-08
If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Early bird tickets are on sale now. Work smarter, not harder, this year.
Hiver, a new digital bank to be launched under Teachers Mutual, i...
The REIQ has slammed the Queensland government for failing to act...
The non-bank lender has appointed a senior credit manager whose r...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
What's the longest time you've been left on hold before getting through to a credit assessor?
