Regulation

Over 1/4 of brokers hit by scams in last 12 months
19 September 2024

New data has revealed that fraud and data security continue to be a key area of concern for brokers.

Imposing payroll tax on brokers would be ‘unjustifiable’
17 September 2024

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?
17 September 2024

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
16 September 2024

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
21 August 2024

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
19 August 2024

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

The government is resetting CDR
13 August 2024

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
12 August 2024

“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
6 August 2024

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
5 August 2024

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