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CPA Australia eyes mortgage advice
Joint accounting body CPA Australia will apply for an Australian Credit Licence in a bid to “shake up” the financial services sector.
ECONOMY • Mon, 08 Jun 2015
Financial advice JVs on the rise, says aggregator
A non-bank aggregator has identified that new business structures are being formed between mortgage brokerages and financial planning firms in place of traditional ...
BROKER • Thu, 04 Jun 2015
ATO turns attention to property ‘rorts’
With interest rates at historic lows, the Australian Taxation Office is targeting the 1.8 million Australians who own an investment property, on the hunt for tax ...
PROPERTY • Thu, 04 Jun 2015
APRA lending crackdown ‘bearing fruit’
APRA chair Wayne Byres has told a Senate committee its supervision of “less than prudent” lending activity over recent months has not been easy but is now starting to ...
LENDER • Wed, 03 Jun 2015
Low rates fall on deaf ears: YBR
The vast majority of Australians are not refinancing despite historic lows in interest rates, according to new research released by Yellow Brick Road.
ECONOMY • Wed, 03 Jun 2015
Govt puts spotlight on P2P lending regulation
Assistant treasurer Josh Frydenberg has listed peer-to-peer lending as an area that requires greater regulatory oversight and “answers” from government and business
Investors ditch shares for property
Australian investors are reducing exposure to equities and redeploying funds to alternate asset classes, including direct property, says a Commonwealth Bank subsidiary.
PROPERTY • Wed, 03 Jun 2015
Rate decision 'accommodative', says RBA
The Reserve Bank has expanded on its decision to leave rates unchanged, expressing the board’s decision to implement “accommodative” monetary policy.
LENDER • Tue, 02 Jun 2015
CBA bolsters China strategy with RMB licence
The Commonwealth Bank has been granted authorisation for a Renminbi licence, enabling it to expand trade and investment for clients doing business in mainland China.
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