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Compliance

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. READ MORE

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... READ MORE

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... READ MORE

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. READ MORE

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... READ MORE

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... READ MORE

Broking association responds to government’s CDR move

by Adrian Suljanovic • 12 Aug 2024
The head of the MFAA has welcomed the government’s announcement on resetting the CDR regime. READ MORE

CDR to be reset

by Adrian Suljanovic • 12 Aug 2024
The Albanese government has announced plans to build a CDR framework to “better serve consumers”. READ MORE

Banks to refund $28m to low-income customers

by Charlotte Humphrys • 15 Jul 2024
Four banks have had to pay up following an investigation by ASIC regarding their conduct towards low-income customers. READ MORE

ASIC reduces broker levy after questions raised

by Annie Kane • 12 Jul 2024
A reduced minimum levy has been confirmed for credit intermediaries after an industry member flagged inconsistencies... READ MORE