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Compliance
APRA gives update on mortgage serviceability buffer
by Will Paige • 23 Jul 2025
After a review, the regulator will leave the mortgage serviceability buffer unchanged.
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Why ASIC’s review of the debt and credit repair sector is welcome
by Victoria Coster • 23 Jul 2025
The regulator’s review of the debt management and credit repair industry is a critical and long-awaited step toward...
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AFCA complaints top 100k for second consecutive year
by Will Paige • 23 Jul 2025
The financial complaints body has received more than 100,000 complaints for the second consecutive financial year.
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ASIC launches review into debt management and credit repair
by Annie Kane • 22 Jul 2025
The debt management and credit repair sector is being probed following concerns that some may be operating dishonestly...
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‘Urgent’ reforms needed to fix housing crisis: CBA
by Will Paige • 16 Jul 2025
The major bank has pushed the government for ‘urgency’ to ensure the correct policy settings are in place to build...
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Convictions handed down for ‘interest-free mortgage’ lender
by Annie Kane • 15 Jul 2025
Officials of an unlicensed mortgage lender Remedy Housing have been convicted of dishonesty offences for their role in...
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CSLR levies drop by a third following revision
by Annie Kane • 4 Jul 2025
Credit intermediaries will see levies from the Compensation Scheme of Last Resort reduced by 32 per cent, following...
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ASIC levies double for broking industry, prompting calls for a rethink
by Annie Kane • 3 Jul 2025
Levies from the financial services regulator will be more than double what they were last year, according to new ASIC...
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Former brokerage director sentenced to 12 months’ imprisonment
by Annie Kane • 2 Jul 2025
A former director of a brokerage has been sentenced for contempt of court involving ‘contumacious conduct of the most...
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ASIC sues loan agency over alleged unconscionable conduct
by Annie Kane • 1 Jul 2025
A small amount credit provider is being sued by the regulator for unconscionable debt recovery practices and unfair...
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