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Compliance

Man in contempt of court for carrying on unlicensed banking business
by Reporter • 30 May 2024
Justice Lee of the Federal Court has found that Andrew Morton Garrett is in contempt of court for failing to adhere... READ MORE

Property taxes more than doubled over last decade: REIQ
by Adrian Suljanovic • 20 May 2024
The Real Estate Institute of Queensland’s (REIQ) chief executive, Antonia Mercorella, has urged for the reset of... READ MORE

‘Better chance of winning lotto’ than hitting home targets: PIPA
by Charlotte Humphrys • 24 Apr 2024
Nicola McDougall, chair of the Property and Investment Professionals of Australia (PIPA), said on 16 April that she... READ MORE

Instant asset write-off threshold may be limited, warns tax specialist
by Miranda Brownlee • 18 Apr 2024
Recent amendments made to the bill containing the instant asset write-off measure in Parliament are a welcome... READ MORE

Lender found to have charged prohibited fees
by Reporter • 15 Apr 2024
SunshineLoans Pty Ltd – a non-bank lender that used to offer small amount credit contracts (SACCs) but now offers... READ MORE

Broking industry calls for re-accreditation simplification
by Annie Kane • 12 Apr 2024
Calls are mounting for improvements to be made to the accreditation transfer process when brokers move... READ MORE

Is mortgage protection ‘junk’ insurance?
by Annie Kane • 11 Apr 2024
Last month, The Adviser reported that class action specialist Shine Lawyers had filed a class action lawsuit in the... READ MORE

AFCA concerned about unresponsive lenders
by Charlotte Humphrys • 3 Apr 2024
The Australian Financial Complaints Authority (AFCA) has said that it is “concerned” by the increase in... READ MORE

Digital ID Bill passes through Parliament
by Annie Kane • 2 Apr 2024
The Digital ID Bill 2023 has officially passed through Parliament, after amendments were agreed to in Senate on... READ MORE

AFCA complaint volumes rising faster than 2023
by Charlotte Humphrys • 27 Mar 2024
The Australian Financial Complaints Authority (AFCA) has revealed that complaints in 2024 so far are already ahead of... READ MORE

New tax bill sets ‘dangerous precedent’, warns association
by Charlotte Humphrys • 26 Mar 2024
The federal government is currently debating whether to introduce the Treasury Laws Amendment (Better Targeted... READ MORE

MFAA joins 2 government groups
by Adrian Suljanovic • 19 Mar 2024
The Mortgage & Finance Association of Australia (MFAA) has announced it is now a member of the Residential Energy... READ MORE

Brokerage underpaying staff slammed with $99k penalty
by Adrian Suljanovic • 11 Mar 2024
Melbourne-based mortgage broking business Ansa Finance Pty Ltd has been penalised $99,900 in court secured by the... READ MORE

Over $5bn spent on financial crime reporting
by Reporter • 7 Mar 2024
A study released by LexisNexis Risk Solutions entitled The True Cost of Financial Crime Compliance Study – Asia... READ MORE

ASIC takes down thousands of scam websites
by Charlotte Humphrys • 5 Mar 2024
The Australian Securities and Investments Commission (ASIC) has revealed it has taken down nearly 3,500 investment... READ MORE
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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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