Regulation

Mortgage brokers are being urged to strengthen documentation and verification processes as regulators examine a potential $1 billion mortgage fraud issue involving the Commonwealth Bank of ...

Brokers have commented on the renewed speculation that the federal government could revisit negative gearing, after reports suggested Treasury is modelling options to curb the tax concession

Australian SMEs are under increasing financial pressure, with Payday Super reforms tightening already thin cash flows and exposing preparedness gaps, according to new research from Prospa ...

Pepper Money has become the first non-bank lender to be approved as a member of the Australian Finance Industry Association’s Finance Industry Code of Practice.

The MFAA has described recent industry discussions around ASIC’s best interests duty (BID) review as coming at a “critical time” for brokers, as the regulator continues to review compliance ...

Brokers have been warned that Payday Superannuation reforms could reduce SME borrowing power by as much as 15 per cent.

A growing demand for the Small Business Debt Helpline is underscoring mounting financial pressure on business owners, with Australian Tax Office debt accounting for the majority of issues.

The MFAA is putting mortgage and finance brokers on notice to review their digital footprints and advertising compliance, as ‘finfluencer’ crackdowns continue.

The Treasury has launched a consultation on professional indemnity insurance and its role in supporting the Compensation Scheme of Last Resort.

A business lender and loan introducer have been ordered to pay a combined $515,000 in penalties for having breached consumer credit laws.