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Compliance

ASIC to enforce BID under proposed RLO changes

ASIC to enforce BID under proposed RLO changes

by Malavika Santhebennur • 26 Mar 2021
ASIC has said that it will be responsible for administering and enforcing broker BID rules if and when the responsible... READ MORE
HIA calls for stamp duty abolition

HIA calls for stamp duty abolition

by Annie Kane • 22 Mar 2021
The Housing Industry Association has called for the abolition of the “inefficient, inequitable and unreliable tax”,... READ MORE
Third-party originated loans rise 28%: APRA

Third-party originated loans rise 28%: APRA

by Annie Kane • 17 Mar 2021
More than $69 billion of new residential loans at the banks were originated by the third-party channel in the December... READ MORE
RLO repeal would reduce ‘policy creep’: CAFBA

RLO repeal would reduce ‘policy creep’: CAFBA

by Annie Kane • 16 Mar 2021
As politicians debate the bill to repeal responsible lending, CAFBA has said that repealing the obligations would help... READ MORE
‘Strong reservations’ with ASIC’s ‘overreaching’: FBAA

‘Strong reservations’ with ASIC’s ‘overreaching’: FBAA

by Annie Kane • 15 Mar 2021
While welcoming the Senate committee’s position on removing RLOs and extending BID, the managing director of the FBAA... READ MORE
Two-fifths of COVID-19 AFCA complaints about credit

Two-fifths of COVID-19 AFCA complaints about credit

by Annie Kane • 11 Mar 2021
Forty-one per cent of COVID-19 complaints lodged with the complaints authority related to credit, with the majority of... READ MORE
Finance, guaranteed?

Finance, guaranteed?

by Annie Kane • 10 Mar 2021
In March 2020, the Prime Minister announced that the government would be providing finance support for small... READ MORE
In Focus: Make Mortgages Great Again

In Focus: Make Mortgages Great Again

by Annie Kane • 9 Mar 2021
The ACCC put forward four recommendations in its Home Loan Price Inquiry to improve how the home loan market works.... READ MORE
ASIC defends higher industry levies

ASIC defends higher industry levies

by Reporter • 9 Mar 2021
The financial services regulator has responded to concerns that it has substantially upped its levies, outlining... READ MORE
New ASBFEO appointed

New ASBFEO appointed

by Annie Kane • 4 Mar 2021
A former small business minister has been appointed as the new Australian Small Business and Family Enterprise... READ MORE