Regulation

Regulator to investigate credit repair and debt management sector
23 July 2025

The Australian Securities and Investments Commission (ASIC) has announced a probe into credit repair and debt management services amid reports of dishonest practices.

Brokers want a regulatory standard for clawbacks
16 July 2025

Lender clawback policy can vary widely depending on the institution. Some have harsh conditions, while others have no clawbacks at all. Some brokers believe blanket regulation could benefit ...

3 convicted in ‘interest free’ mortgage scam
16 July 2025

Three people face up to 15 years’ imprisonment after the jury found them guilty of dishonesty offences.

Regulatory burden a primary concern for 46% of commercial brokers
30 June 2025

Recent data has revealed a sector grappling with compliance strain while remaining optimistic about growing demand across healthcare, construction, and manufacturing finance.

Boost to Buy scheme to support Qld first home buyers
24 June 2025

The Queensland government’s newly announced Boost to Buy scheme will help reduce the burden of saving for a deposit for first home buyers.

Foreign investors bypassing ban through trusts
20 June 2025

Following the temporary ban placed on foreign investors, trends have emerged of trusts being used to get around the new laws.

APRA sets start date for HELP debt servicing changes
20 June 2025

The regulator has released guidance on the servicing of Higher Education Loan Program (HELP) debt when assessing home loan applications, providing a date from which the changes are to be ...

NAB hit with record penalty for breaching CDR rules
19 June 2025

The ACCC has issued a penalty to the major for allegedly breaching Consumer Data Right (CDR) rules.

ASIC targets brokers amid crackdown on predatory lenders
19 June 2025

An address by ASIC commissioner Alan Kirkland has reinforced commitment to stamping out predatory lending. The regulatory body has said brokers are “not immune from misconduct”.

Regulators crack down on ‘finfluencers’
12 June 2025

“Finfluencers” have come under the watch of ASIC as the regulator aims to stamp out unlicensed financial advice.