AUSTRAC has referred over 200 entities, including brokers, lawyers, and accountants, to authorities over suspected mortgage fraud following a major operation. But that is just the tip of the iceberg in a week packed with massive industry updates.
Click here to listen on your device
Join host Annie Kane, commercial content writer Ben Squires, and senior journalist Charlie Tchetchenian break down what AUSTRAC has discovered in its latest mortgage fraud probe, which has uncovered potentially hundreds of millions in suspected fraud, and the vulnerabilities being exposed across the lending sector.
This week, they discuss:
- What AUSTRAC uncovered in Operation Claw.
- The widespread pullback in nationwide mortgage demand.
- The government’s long-awaited CSLR overhaul.
And much more!
News stories mentioned:
- AUSTRAC refers brokers to authorities in mortgage fraud probe
- Associations urge united action on mortgage fraud response
- Home loan commitments plummet as investor lending slumps
- Property downturn extends into regional Australia
- Number of FHBs with 5% deposit loans in negative equity revealed
- Viridian mothballs Smartmove brand, relaunches broking business
- Government announces major changes to CSLR
Did you like this episode? Show your support by rating us or leaving a review and by following The Adviser on social media: Facebook, X (formerly known as Twitter) and LinkedIn.
If you have any questions about what you heard today, or any topics of interest you have in mind for future episodes, email
Make sure you’re subscribed to The Adviser’s bulletin to ensure you never miss a beat and never miss a podcast episode by subscribing to us now on your preferred podcast provider!
Like this video? Subscribe to The Adviser on YouTube: 
/ @theadviserau13
Want to see more stories from trusted news sources?
Make The Adviser a preferred news source on Google.
Click here to add The Adviser as a preferred news source.
