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AFCA complaint volumes rising faster than 2023

by Charlotte Humphrys • 27 Mar 2024
The Australian Financial Complaints Authority (AFCA) has revealed that complaints in 2024 so far are already ahead of... READ MORE

New tax bill sets ‘dangerous precedent’, warns association

by Charlotte Humphrys • 26 Mar 2024
The federal government is currently debating whether to introduce the Treasury Laws Amendment (Better Targeted... READ MORE

MFAA joins 2 government groups

by Adrian Suljanovic • 19 Mar 2024
The Mortgage & Finance Association of Australia (MFAA) has announced it is now a member of the Residential Energy... READ MORE

Brokerage underpaying staff slammed with $99k penalty

by Adrian Suljanovic • 11 Mar 2024
Melbourne-based mortgage broking business Ansa Finance Pty Ltd has been penalised $99,900 in court secured by the... READ MORE

Over $5bn spent on financial crime reporting

by Reporter • 7 Mar 2024
A study released by LexisNexis Risk Solutions entitled The True Cost of Financial Crime Compliance Study – Asia... READ MORE

ASIC takes down thousands of scam websites

by Charlotte Humphrys • 5 Mar 2024
The Australian Securities and Investments Commission (ASIC) has revealed it has taken down nearly 3,500 investment... READ MORE

CSLR to receive claims from 2 April

by Charlotte Humphrys • 28 Feb 2024
The Compensation Scheme of Last Resort (CSLR) will be receiving claims from consumers from 2 April, as the complaints... READ MORE

‘No certainty banks aren’t engaging in fees for no service’:...

by Maja Garaca Djurdjevic • 19 Feb 2024
Appearing before the Senate estimates committee on Thursday (15 February), ASIC chair Joseph Longo was questioned... READ MORE

ASIC wins first crypto-related case in court

by Reporter • 13 Feb 2024
The Federal Court has found that fintech company Block Earner engaged in unlicensed financial services conduct when... READ MORE

Unpacking the unjust clawback: A call for fairness in finance

by Phil Rice • 13 Feb 2024
The broking industry has become the go-to choice for borrowers, with over 70 per cent of mortgage applications now... READ MORE

Which country is Australia’s largest foreign investor?

by Adrian Suljanovic • 12 Feb 2024
The Quarterly Report on Foreign Investment (1 July to 30 September 2023) released by the Foreign Investment Review... READ MORE

Government introduces foreign investment legislation

by Reporter • 9 Feb 2024
At the same time, the government is hoping that these changes might funnel that foreign investment still occurs in... READ MORE

A taxing issue: Brokers v payroll tax

by Annie Kane • 9 Feb 2024
Is a single operator broker an employee of an aggregator? Ask that question to anyone in industry and the answer... READ MORE

‘Brokers need to recognise the red flags’ of scams, warns NAB

by Reporter • 5 Feb 2024
National Australia Bank (NAB) has released a 2024 outlook highlighting the key themes that will be affecting brokers... READ MORE

‘Labyrinthine’ financial services legislation set to be...

by Reporter • 18 Jan 2024
The Australian Law Reform Commission (ALRC) has released its final report for its inquiry into simplification of the... READ MORE
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