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Compliance
ASIC outlines record-keeping obligations for BID compliance
by Charbel Kadib • 24 Feb 2020
The corporate regulator has outlined the documentation it expects mortgage brokers to store as means to demonstrate...
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ASIC releases draft BID guidance
by Charbel Kadib • 20 Feb 2020
The corporate regulator has published its long-awaited guidance on the obligations of mortgage brokers under the newly...
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Connective backs merger utility amid ACCC doubts
by Charbel Kadib • 14 Feb 2020
The proposed merger with AFG will deliver “great outcomes” for brokers and their customers, Connective director...
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ACCC raises concerns about AFG-Connective merger
by Annie Kane • 12 Feb 2020
The competition watchdog has raised preliminary competition concerns about the proposed merger between Connective and...
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Working with vulnerable customers
by Annie Kane • 11 Feb 2020
Last year, a new Banking Code of Practice was rolled out, which brought in a higher standard of customer care when...
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ASBFEO calls for 30-day payment terms for SMEs
by Hannah Dowling • 11 Feb 2020
Introducing a mandatory supplier payment code, an industry-wide 30-day payment term and a “consistent small business...
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Government proposes new ACL obligations
by Charbel Kadib • 31 Jan 2020
The government is consulting on a new bill designed to impose additional information-sharing obligations on credit...
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AFCA launches bushfire hotline
by Malavika Santhebennur • 28 Jan 2020
The financial ombudsman has launched a hotline for those impacted by bushfires and facing disputes with claims.
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Aggregators look to tech for help with changing regulations
by Malavika Santhebennur • 6 Jan 2020
Technology and data will be a key component in 2020 in the broking sector, and brokers need to ensure to harness...
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Beating the holiday blues
by Hannah Dowling • 27 Dec 2019
The holiday season is often filled with family and festivities, but for many, the summer period delivers more than just...
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