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Lender
Broking group to appear before royal commission
by Reporter • 9 Mar 2018
Smartline will be the first broking group to appear at the first round of public hearings for the Royal Commission into...
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ASIC to force lenders into involuntary liquidation
by Reporter • 8 Mar 2018
The financial services regulator has filed a court order that could force several car financiers into involuntary...
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ANZ sees ‘merit’ in best interest duty
by Reporter • 7 Mar 2018
Applying best interest obligations to brokers could help preserve the integrity of the third-party channel, according...
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Rate transparency could ‘diminish’ broking industry
by Tas Bindi • 5 Mar 2018
The Bank of Queensland has told the Productivity Commission that greater visibility of mortgage rates could make the...
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Financial planners not needed in credit space: CBA
by Reporter • 5 Mar 2018
Bringing financial planners into the credit space would be unnecessary, according to a Commonwealth Bank...
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Online SME lender hits $10m milestone
by Reporter • 2 Mar 2018
A non-bank lender has delivered $10 million in small business funding in its first 18 months of operation.
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Court finds major bank breached NCCP
by James Mitchell • 1 Mar 2018
The Federal Court in Melbourne has published its findings and reasons for ordering ANZ to pay a penalty of $5 million...
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Filling ‘data gap’ would benefit broking, say associations
by Reporter • 28 Feb 2018
Improving transparency and the data available on the broking industry and banking is “in everyone’s interests”...
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Royal commission hearing to look at fraud and accreditations
by Reporter • 27 Feb 2018
The first public hearings for the royal commission will focus on NAB’s introducer program and fraudulent loan...
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ANZ tightens IO lending
by Reporter • 26 Feb 2018
The major bank has announced that full income verification will be required from clients that wish to switch or...
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