Powered by MOMENTUM MEDIA
Mortgage business logo

Regulation

ASIC welcomes 3 new commissioners 

The new commissioners will join the regulator from CHOICE, CBA, and the Commonwealth Treasury.

Slow uptake for mortgages: RBA digital currency pilot

The adoption of digital currency for mortgages is anticipated to progress at a ‘slower’ pace compared to other categories of financial assets, the pilot report has revealed.

Union push for RBA board not ‘controversial’: Treasurer

The federal Treasurer has addressed the criticisms aimed at union representatives being appointed to the central bank’s board.

HAFF submissions to close in a week

Submissions regarding the HAFF Bill’s second referral to the economics legislation committee will shut next week.

AMP agrees to $110m settlement in class action

AMP has reached an agreement to settle a shareholder class action, ahead of a three-week trial.

National cabinet agrees to new ‘ambitious’ housing target

The national cabinet has agreed to an updated target of 1.2 million new homes over five years.

Unauthorised banker hit with injunctions

APRA has welcomed the Federal Court’s decision to prohibit Andrew Morton Garrett from operating unauthorised banking businesses.

CBA adopts LIXI2 data standards

The big four bank has committed to adopting the suite of LIXI2 data standards within its data integrations and APIs to help simplify its home lending experience.

WA government axes cultural heritage laws

Under the repealed laws, property owners in Western Australia will no longer be required to assess their properties for potential impacts on Aboriginal cultural heritage.

CBA to refer financial abuse to NSW Police

The NSW trial will enable the major bank to report repeated financial abuse in transaction data to the police, according to the major bank.

brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph