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ANZ hit with $10m fine
by James Mitchell • 10 Mar 2023
The major bank has been penalised $10 million by the Federal Court in relation to its Home Loan Introducer...READ MORE

Fintech lender hit with 2 infringement notices: ASIC
by Adrian Suljanovic • 20 Feb 2023
Jacaranda was issued the notices by ASIC after it was alleged that the lender’s website may contain false or... READ MORE

Predatory lending in ASIC’s crosshairs
by Adrian Suljanovic • 16 Feb 2023
The financial services and product regulator has announced it will be targeting predatory lending in an ongoing focus... READ MORE

Fringe lending practices in ASIC’s sights
by Fabian Cotter • 4 Nov 2022
Mortgage stress could lead consumers to seek out fringe lending practices, now a particular area of ASIC’s... READ MORE

Home loans most common breach report: ASIC
by Fabian Cotter • 31 Oct 2022
A quarter of all breach reports relating to products were about mortgages, according to ASIC’s first Reportable... READ MORE
‘Doubled’ ASIC fees ‘cannot happen again’: FBAA

‘Doubled’ ASIC fees ‘cannot happen again’: FBAA
by Fabian Cotter • 25 Oct 2022

The FBAA has warned it will be “keeping a very close eye on” ASIC fee estimates towards 2023.

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Aggregators key to reference-check protocol: MFAA
by Fabian Cotter • 18 Oct 2022
Whilst the ASIC reference-checking protocol is working well, there is a crucial small loophole to close, the MFAA has... READ MORE

Fake-document charges land broker in court
by Fabian Cotter • 18 Oct 2022
An NSW credit broker has been charged with 74 offences of making false documents to aid home loan applications, ASIC... READ MORE

Mortgage calculator use up +17%: ASIC
by Fabian Cotter • 17 Oct 2022
ASIC’s latest annual report shows a 200,000+ increase in its mortgage calculator use for the 2022 financial... READ MORE

Guidance on new breach reporting regime released
by Annie Kane • 8 Sep 2021
The steps brokers will need to take to comply with the incoming breach reporting regime have been outlined by ASIC in... READ MORE
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