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Sedgwick review into retail bank commissions released

Sedgwick review into retail bank commissions released
by Malavika Santhebennur • 5 Jul 2021
A review of retail banking product commissions and payments has found that links between remuneration and sales are now...READ MORE
Government adds 30k spots to housing grants

Government adds 30k spots to home loan schemes
by Sarah Simpkins • 1 Jul 2021

The government has expanded the number of places available under its housing support programs by 30,000.

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Unlicensed mortgage lender issued court orders

Unlicensed mortgage lender issued court orders
by Malavika Santhebennur • 28 Jun 2021
ASIC has moved to shut down an unlicensed mortgage lender, alleging misleading or deceptive conduct and engaging in... READ MORE
1 in 5 borrowers lies on credit applications

1 in 5 borrowers lies on loan applications
by Sarah Simpkins • 22 Jun 2021
One-fifth of Australians have admitted to not telling the whole truth on their credit applications, with a researcher... READ MORE
Qld real estate body calls for stamp duty reform

Qld real estate body calls for stamp duty reform
by Malavika Santhebennur • 21 Jun 2021
The REIQ has slammed the Queensland government for failing to act on the eventual scrapping of stamp duty in the... READ MORE
Calls for NSW property tax to play a role in HEM

Calls for NSW property tax to play a role in HEM
by Malavika Santhebennur • 17 Jun 2021
An NSW government progress paper on its property tax proposals has included feedback that the annual property tax would... READ MORE
Former mortgage brokerage convicted, fined

Former mortgage brokerage convicted, fined
by Sarah Simpkins • 8 Jun 2021
Former Melbourne brokerage Advanced Choice Finance has been convicted and fined for knowingly making a false statement... READ MORE
Lending standards haven’t eased: RBA

Lending standards haven’t eased: RBA
by Sarah Simpkins • 4 Jun 2021
Lenders have not slackened their standards in the current low rate environment, the Reserve Bank has said, as it... READ MORE
‘The bill is done’: Jacqui Lambie on RLO repeal

‘The bill is done’: Jacqui Lambie on RLO repeal
by Malavika Santhebennur • 28 May 2021
The government said that it would continue to work with the Senate crossbench on responsible lending reforms after... READ MORE
Treasurer stays firm on responsible lending repeal

Treasurer stays firm on responsible lending repeal
by Sarah Simpkins • 24 May 2021
Treasurer Josh Frydenberg has insisted now is a key time to wind back the responsible lending obligations, as the... READ MORE
ASIC takes Equiti to court

ASIC takes Equiti to court
by Sarah Simpkins • 24 May 2021
The corporate watchdog has commenced civil penalty proceedings against a collapsed firm, which offered self-managed... READ MORE
Broking industry reaction to the budget

Broking industry reaction to the budget
by Annie Kane • 12 May 2021
Several members of the broking industry have welcomed the federal budget’s measures for home ownership, but some have... READ MORE
What’s in the budget 2021-22?

What’s in the budget 2021-22?
by Annie Kane • 11 May 2021
The federal budget for 2021-22 has been handed down, outlining a range of steps to support home ownership and help... READ MORE
ACL obligations issued for debt management firms

ACL obligations issued for debt management firms
by Malavika Santhebennur • 6 May 2021
ASIC will require debt management firms to hold a credit licence from 1 July... READ MORE
Treasury looks to update CDR to give brokers access

Treasury looks to update CDR to give brokers access
by Annie Kane • 5 May 2021
The Treasury will soon release for consultation new Consumer Data Right rules that will enable consumers to give... READ MORE
Treasurer announces new ASIC chair and deputy chair

Treasurer announces new ASIC chair and deputy chair
by Annie Kane • 30 Apr 2021
The federal Treasurer has announced the replacements for ASIC chair James Shipton and former deputy chair Daniel... READ MORE
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