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Compliance
ASIC issues fine for misleading home loan ads
by Staff reporter • 6 Mar 2015
ASIC has warned about “dangerous debt spirals” after slapping a Gold-Coast firm with a $30,600 fine for “false or...
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RBA to assess impact of APRA lending guidance
by Emma Ryan • 20 Feb 2015
The Reserve Bank of Australia has emphasised its “careful monitoring” of the Australian lending landscape by...
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Regulator approves Wide Bay bank status
by Staff reporter • 9 Feb 2015
APRA has consented to Wide Bay Australia's transition to becoming a bank.
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Loan fraud on regulator's radar
by Staff reporter • 6 Feb 2015
ASIC believes the outcomes reflected in its latest enforcement report demonstrate its commitment to crack down on loan...
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Regulator strikes again: broker banned for three years
by Nick Bendel • 2 Feb 2015
ASIC has banned a Sydney broker after discovering financial irregularities in his company.
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Regulator punishes firm over property hype
by Nick Bendel • 30 Jan 2015
Brokers have been sent a powerful message that they must be able to substantiate any marketing about the value of...
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Diversify and thrive
by Nick Bendel • 29 Jan 2015
Mortgage Choice has spent the past few years preaching diversification to its loan writers. Now, the new breed of...
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The Murray Inquiry: Has the boat been rocked?
by James Mitchell • 27 Jan 2015
On 7 December 2014, the Murray Inquiry handed down its final report comprising 44 recommendations for the financial...
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How to save $50K on your mortgage: ASIC
by Staff Reporter • 20 Jan 2015
Borrowers have been urged to pay off their mortgage early, get their debts under control and broaden their knowledge of...
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Regulator slams ‘inaccurate and speculative’ reporting
by Nick Bendel • 12 Jan 2015
ASIC has defended the way it has handled the alleged $110 million mortgage fraud that has rocked the industry.
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