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Regulation

30 July 2024

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 ...

26 July 2024

APRA has finalised reforms to enhance banks’ liquidity and capital requirements, aiming to bolster their ability to handle future stress events.

19 July 2024

Westpac is set to have its risk capital add-on reduced by $500 million after positive progress to improve risk governance, culture and risk management.

18 July 2024

ASIC has permanently banned a former Sydney-based mortgage broker following convictions of fraud.

11 July 2024

The Assistant Treasurer has met with the broking industry association to discuss further action around the subject of “unfair clawbacks”.

9 July 2024

The upcoming ANZ-Suncorp merger has been given a date following the proclamation of Queensland legislation.

2 July 2024

As of 1 July, the commercial and industrial property tax (CIPT) reforms are in effect across Victoria. These changes will make things easier for those looking to invest.

28 June 2024

To ensure guarantors better understand their obligations, the association has updated the Banking Code of Practice.

26 June 2024

A new bill that would solidify housing as a human right in Australia has been introduced to Parliament.

25 June 2024

To encourage more buyers into the market, the territory government has increased the maximum income threshold to be eligible for stamp duty concession.