From ASIC issuing stern warnings to private credit providers to the ongoing challenges in housing feasibility, this week’s news highlights the ongoing headwinds impacting the property and mortgage market.
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Join host Annie Kane and senior journalist Charlie Tchetchenian as they review the news of the week.
This week, they discuss:
- ASIC’s crackdown on private credit funds over transparency concerns and upcoming enforcement action.
- New MFAA research showing nearly half of broker clients are struggling to refinance due to servicing constraints.
- RAMS’ $29 million settlement for its class action with former franchisees
And much more!
News stories mentioned:
- ASIC private lending probe and action
- UDIA on supply and valuation issues
- RAMS pays nearly $30m over franchise terminations
- MFAA broker survey 50% cant refinance
- 40% of prospective FHBs want expert help
- Bragg on super at Financial Services Council
- New Senate inquiry into offset failures
- Finalists for Women in Finance announced
- Cash rate forecasts for next week
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