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Regulation

Imposing payroll tax on brokers would be ‘unjustifiable’

The ongoing payroll tax case between aggregators and Revenue NSW could have dire consequences for broking businesses, one broker has said.

How can SMEs steer through tax debt hurdles?

A non-bank lender has revealed “three critical steps” small businesses can take to manage their ATO debts.

Uber’s appeal against Revenue NSW holds positive implications for brokers

Finsure Group has hailed the Supreme Court of NSW’s ruling in Uber’s appeal against Revenue NSW as a positive development for the broker industry.

Mortgage aggregators to be included in ASIC reference checking

An update to ASIC’s reference checking and information sharing protocol for financial advisers and mortgage brokers is coming soon. Here’s what you need to know.

Experian/illion merger given green light by ACCC

The regulator has announced it will allow the acquisition to go ahead.

The government is resetting CDR

After “poor execution” plagued the initial effort to implement Consumer Data Right, the government is resetting the initiative in a bid to “deliver better consumer outcomes.”

RBA doubles down on cash rate decision with ominous message

“Beware false prophets” was the message the Reserve Bank of Australia (RBA) gave today at a press conference. The central bank reinforced its reasoning for not cutting rates, highlighting ...

Credit reporting framework review underway

The government is currently in the midst of a review of Australia’s credit reporting framework. The MFAA has submitted its own recommendations in the hopes of making credit reporting more ...

Gold Coast’s ‘view tax’ isn’t sitting well with home owners

A new form of taxation for Goldy residents isn’t too popular, with the move being dubbed “nonsensical”.

The broking industry reacts to the 3% buffer hold

APRA has kept the mortgage serviceability buffer steady at 3 percentage points. Brokers are now weighing in on the decision, with some claiming the decision is a positive for consumers and ...

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