Powered by MOMENTUM MEDIA
Broker Daily logo

Regulation

Rethink capital gains tax, NSW tells federal government
26 October 2021
Rethink capital gains tax, NSW tells federal government

The state government has urged for a review of housing tax settings, stating the capital gains tax discount unfairly advantages investors and erodes affordability.

Australian home loans at lowest affordability since 2016: Bluestone
25 October 2021
Australian home loans at lowest affordability since 2016: Bluestone

The latest index by the non-bank has suggested that home loans are at their most unaffordable for the first time in five years. 

Government to probe regional bank branch closures
25 October 2021
Government to probe regional bank branch closures

The government has established a taskforce to look into bank branch closures in regional communities.

NAB unveils updated dwelling price forecast
22 October 2021
NAB unveils updated dwelling price forecast

With low interest rates and income support expected to soon disappear, the major bank has released a revised dwelling figure.

Major bank joins CDR-accredited data recipients
21 October 2021
Major bank joins CDR-accredited data recipients

The ACCC has confirmed that three of the big four banks are now accredited data recipients under the Consumer Data Right.

RBA unwavering on monetary targets
20 October 2021
RBA unwavering on monetary targets

The central bank has refused to budge from its inflation target range and time frame to raise rates while acknowledging that less accommodative monetary policy could curb house price and ...

ASIC sues Ultimate Credit Management over alleged ACL breaches
19 October 2021
ASIC sues Ultimate Credit Management over alleged ACL breaches

The financial services regulator is taking the debt collection company to court, over allegations that it breached its credit licensee obligations and may have caused consumer harm.

ASIC ramped up lawsuits in FY21
19 October 2021
ASIC ramped up lawsuits in FY21

The corporate regulator has revealed it bumped up new criminal litigations by 28 per cent and civil lawsuits by 66 per cent in the 2021 financial year.

Labor slams Nationals senator’s climate ‘mortgage tax’
18 October 2021
Labor slams Nationals senator’s climate ‘mortgage tax’

A Nationals senator has faced criticism, after arguing Australians should be willing to cop higher mortgage costs to support lending to resources and energy companies.

Westpac revises house price forecast for 2021
18 October 2021
Westpac revises house price forecast for 2021

The major bank has increased its projected forecast of Australian house prices for 2021.