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Compliance
ABA backs ‘conversations’ on changing buffers
by Annie Kane • 24 Oct 2024
The banking industry association has told the Senate home ownership inquiry it believes APRA’s 3 per cent...
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Industry rails against broker remuneration review calls
by Annie Kane • 22 Oct 2024
The mortgage broker associations have defended the industry after a Senate committee was urged to review broker...
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Mortgage rules hurting first home buyers: Senator Bragg
by Annie Kane • 21 Oct 2024
Prudential regulation has “swung too far in favour of risk aversion”, senator Andrew Bragg has said following the...
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MFAA sets out 8 recommendations to Senate home ownership inquiry
by Annie Kane • 2 Oct 2024
The industry association has suggested government change financial regulation, simplify home ownership schemes,...
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Government extends responsible lending exemption for SME finance
by Annie Kane • 1 Oct 2024
The Albanese government has extended the RLO exemption for business finance for another two years.
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ASIC begins cancelling credit licences following CSLR payments
by Annie Kane • 25 Sep 2024
The financial services regulator has, for the first time, cancelled credit licences of companies following the payment...
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ASIC sues Sydney businesses for alleged unlicensed lending
by Reporter • 24 Sep 2024
A south-west Sydney car dealership is being sued for allegedly providing unlicensed car loans to consumers, which had...
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Senate approves inquiry into CSLR and Dixon collapse
by Reporter • 18 Sep 2024
A Senate inquiry will probe the collapse of Dixon Advisory and its impact on the Compensation Scheme of Last Resort.
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Loan Market payroll tax judgment delayed
by Annie Kane • 6 Sep 2024
The judgment for Loan Market’s payroll tax case has been reserved, with final orders to be handed down in due...
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ASIC extends reference checking protocol to mortgage aggregators
by Annie Kane • 19 Aug 2024
Mortgage aggregators will be able to obtain references on mortgage brokers from 20 August following legislative...
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