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Compliance

NSW government must change payroll tax law: MFAA

by Annie Kane • 7 Nov 2024
The broking association has urged the NSW government to change payroll tax law to make it more transparent. READ MORE

Final orders handed down in Loan Market payroll tax case

by Annie Kane • 6 Nov 2024
The aggregator’s protracted payroll tax case has reached a conclusion, with final orders being handed down. READ MORE

AFCA complaints hit new record in FY24

by Annie Kane • 28 Oct 2024
The financial complaints body received more than 100,000 complaints in a financial year for the first time, setting a... READ MORE

APRA defends 3 per cent buffer, flags that exceptions are available

by Annie Kane • 25 Oct 2024
The prudential regulator has told the Senate inquiry that it believes the 3 per cent buffer is appropriate, but... READ MORE

ASIC unconvinced easing RLOs would increase ‘affordable credit’

by Annie Kane • 24 Oct 2024
An ASIC commissioner has cast doubt on suggestions that easing responsible lending obligations would make credit more... READ MORE

ABA backs ‘conversations’ on changing buffers

by Annie Kane • 24 Oct 2024
The banking industry association has told the Senate home ownership inquiry it believes APRA’s 3 per cent... READ MORE

Industry rails against broker remuneration review calls

by Annie Kane • 22 Oct 2024
The mortgage broker associations have defended the industry after a Senate committee was urged to review broker... READ MORE

Mortgage rules hurting first home buyers: Senator Bragg

by Annie Kane • 21 Oct 2024
Prudential regulation has “swung too far in favour of risk aversion”, senator Andrew Bragg has said following the... READ MORE

MFAA sets out 8 recommendations to Senate home ownership inquiry

by Annie Kane • 2 Oct 2024
The industry association has suggested government change financial regulation, simplify home ownership schemes,... READ MORE

Government extends responsible lending exemption for SME finance

by Annie Kane • 1 Oct 2024
The Albanese government has extended the RLO exemption for business finance for another two years. READ MORE