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Compliance
Lender loses appeal over court ruling it charged unlawful fees
by Will Paige • 26 Mar 2025
A future hearing will decide the penalty Sunshine Loans must pay for charging unlawful fees after its appeal failed.
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Revenue NSW pushes back at criticism over ‘reckless’ payroll tax...
by Will Paige • 21 Mar 2025
Revenue NSW has defended its actions after brokers and industry experts slated the application of payroll tax and...
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Broking industry challenges ‘stealth tax’ at NSW payroll tax...
by Will Paige • 21 Mar 2025
Brokers and industry experts have pushed for reform at a hearing into payroll tax in NSW, raising concerns about the...
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Mutuals vulnerable to rapidly changing banking landscape, APRA warns
by Will Paige • 17 Mar 2025
The boards of some mutuals lack the skills to navigate a modern banking environment, the prudential regulator has...
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ASIC lashes lenders over small credit contracts
by Annie Kane • 13 Mar 2025
The regulator has said it is “concerned” and “disappointed” to see some non-bank lenders pushing vulnerable...
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‘Liar loans’ back in spotlight; how can brokers protect...
by Annie Kane • 13 Mar 2025
New reports have raised concerns about Australians lying about their earnings on financial applications, reigniting the...
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ASIC updates guidance on student loans
by Will Paige • 7 Mar 2025
The regulator has responded to calls from the Treasurer and changed its guidance in an effort to make it easier for...
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Brokers celebrate Qld stamp duty waiver for FHBs
by Will Paige • 25 Feb 2025
Members of industry have welcomed the passage of a bill that abolishes stamp duty on all new homes for first-time...
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Coalition pledges to reform lending
by Annie Kane • 20 Feb 2025
The Coalition would reform prudential settings, including by adjusting serviceability requirements and expanding...
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APRA seeking feedback on student debt repayment reforms
by Will Paige • 20 Feb 2025
The regulator has written to banks for feedback on proposed changes to student debt repayments.
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