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Compliance
Lower ASIC levies a ‘welcome Christmas present’
by Annie Kane • 21 Dec 2022
The mortgage broker associations have welcomed the news that ASIC levies will be lower than forecast this year due to...
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ASIC industry costs $2.2m less than forecast
by Annie Kane • 19 Dec 2022
A total of $8.676 million will be charged to credit intermediaries to cover ASIC’s regulatory costs for the year,...
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Payments times review welcomed, ombudsman says
by • 13 Dec 2022
Treasury will examine how to get big business to pay their invoices in a “fair and reasonable” time, as...
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Downsizer age passes Parliament
by • 1 Dec 2022
More older Australians will be encouraged to downsize their homes, freeing up housing stock for younger families after...
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Federal Court throws out ASIC’s case against CBA
by • 30 Nov 2022
The Federal Court has dismissed proceedings brought by ASIC alleging the major bank engaged in misleading or deceptive...
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Qld’s building and construction board downsizes following review
by • 23 Nov 2022
Queensland’s building industry watchdog has announced fresh faces to lead its building and construction commission,...
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Calls to redesign mortgages to prevent financial abuse
by • 23 Nov 2022
There are calls to redesign home loan products to prevent or minimise financial abuse.
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Broking embraces government franchising transparency push
by Fabian Cotter • 21 Nov 2022
Both peak bodies for the national mortgage broking industry welcome recent franchising transparency requirements, they...
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Federal Court places travel ban on broker
by Reporter • 17 Nov 2022
The Federal Court has made interim travel restraint orders against a former director of a finance company.
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ASBFEO calls for interest-free finance options for disaster-struck...
by • 15 Nov 2022
Small businesses impacted by disasters should be “automatically supported” in the event of a natural disaster, an...
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