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Compliance

Liquidity rules delayed: APRA

by Staff Reporter • 21 Dec 2009
The delay was announced after the global banking supervisory committee said it would implement its new rules by the... READ MORE

ASIC releases second guidance package on licensing laws

by Staff Reporter • 18 Dec 2009
The package includes guidelines on applying for a credit licence, general conduct obligations, and training and... READ MORE

Bank regulations threaten mortgage holders

by Staff Reporter • 9 Dec 2009
According to an article in The Australian Financial Review, the RBA’s governor Glenn Stevens said borrowers could... READ MORE

Government to crack down on market competition

by Staff Reporter • 7 Dec 2009
In a weekly economic note issued in Canberra yesterday, federal treasurer Wayne Swan said the government would do all... READ MORE

ASIC guide helps get industry ready for credit laws

by Staff Reporter • 2 Dec 2009
According to ASIC, the guide will help brokers understand whether they will need to be registered or licensed, and... READ MORE

APRA to take strong approach with banks

by Staff Reporter • 30 Nov 2009
The proposed changes include enhanced disclosure and reporting requirements, together with the inclusion of stress... READ MORE

‘Tis the season

by Staff Reporter • 25 Nov 2009
The December quarter is traditionally a quiet season for mortgage brokers, giving them the chance to reflect on the... READ MORE

The new performance benchmark

by Staff Reporter • 25 Nov 2009
The combination of challenging economic conditions and minimum volume requirements has forced aggregators and... READ MORE

Variable rates lead the way

by Staff Reporter • 25 Nov 2009
The official cash rate is on the way up, and so are the banks’ fixed rates – prompting many advice-based brokers... READ MORE

Delaying the inevitable

by Staff Reporter • 30 Oct 2009
The corporate regulator the Australian Securities and Investments Commission (ASIC) has pushed back the start date for... READ MORE

Surprise RBA move on rates

by Staff Reporter • 30 Oct 2009
On 6 October the Reserve Bank of Australia (RBA) lifted the official cash rate by 25 basis points to 3.25 per cent –... READ MORE

Refund Home Loans to defend ACCC claim

by Staff Reporter • 22 Oct 2009
According to the ACCC, Mr Ormond and his company made false and misleading representations about having a special... READ MORE

APRA approves NAB / Challenger deal

by Staff Reporter • 21 Oct 2009
The bank regulator confirmed this week that it would not intervene in the acquisition, less than two weeks after the... READ MORE

ACCC approves NAB/ Challenger deal

by Staff Reporter • 7 Oct 2009
NAB’s personal banking group executive, Lisa Gray, said the bank welcomed the ACCC’s decision. "This acquisition... READ MORE

ACCC probes Australian Loans Management

by Staff Reporter • 7 Oct 2009
According to the ACCC, Australian Loans Management promoted and sold ‘licence agreements’ for a finance broking... READ MORE
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