Powered by MOMENTUM MEDIA
Broker Daily logo

Regulation

CBA hit with $7.5m fine after breaching spam laws
17 October 2024

The major bank is co-operating with an investigation into compliance issues involving messaging to customers and has been slapped with a substantial fine for its actions.

2 banks in court over alleged multimillion-dollar car dealer overpayments
14 October 2024

Two of Australia’s largest banks have landed themselves in court over a car dealer commissions controversy that allegedly left consumers out of pocket millions of dollars.

Industry leaders react to ACCC merger reform
14 October 2024

The recent outlining of the ACCC’s merger reform policy that was tabled in Parliament has people talking. Experts are weighing in on the changes, discussing what has landed and what is ...

Help to Buy reintroduced as party feuds heat up
11 October 2024

The Labor government has introduced the hotly contested bills into Parliament.

ACCC merger reform goals outlined before Parliament
10 October 2024

The long-awaited ACCC merger reform has been tabled before the Australian Parliament today (10 October). With this release, the goals and implementation of the reform were revealed, giving ...

CSLR warpath claims 3
10 October 2024

ASIC has cancelled three credit licences over the last few weeks following CSLR payments.

Broker associations voice anger over commissions tax grab
9 October 2024

Mortgage and finance broker associations have hit back at the long-discussed payroll tax, which could see NSW brokers fork out significant money, potentially jeopardising operations.

Is the foreign investor tax a win or loss for the property market?
8 October 2024

Strong opposition and calls for reform have ignited discussion on the foreign investor tax that makes it more costly for overseas investors to get a foothold in the Australian property ...

A win for consumer privacy with new credit reporting code
3 October 2024

The Office of the Australian Information Commissioner (OAIC) recently announced changes to credit reporting that will see increased protections surrounding credit information.

Major bank found to have breached continuous disclosure laws
2 October 2024

ANZ failed to rid itself of a finding it breached continuous disclosure laws during a 2015 bid to raise $2.5 billion.