Regulation

Regulators to reduce burden for small and medium-sized banks
7 August 2025

Following a review into small and medium-sized banks, APRA and ASIC are set to implement changes that reduce the regulatory burden for lenders.

Lextech achieves global security re-accreditation
5 August 2025

The mortgage process technology and legal services provider has announced the recertification of its platform, reinforcing a strong security framework.

Regulator announces plans to simplify lender licensing
30 July 2025

To make it easier for lenders to establish themselves in the market, the Australian Prudential Regulatory Authority (APRA) has proposed changes to its licensing framework.

Banks to refund customers over $93m
29 July 2025

Following an ASIC review, Australian banks will refund customers millions of dollars after charging high fees.

Financial complaints ‘unacceptably high’, says AFCA
28 July 2025

Over 100,000 financial complaints were made in 2024–25. While experiencing a slight drop from the preceding period, figures are still too high, AFCA has said.

APRA holds serviceability buffer at 3%
23 July 2025

The prudential regulator has announced that the serviceability buffer would remain unchanged.

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.