Powered by MOMENTUM MEDIA
Mortgage business logo

Regulation

APRA scraps interest-only cap

The prudential regulator has announced that it will be removing its 30 per cent speed limit on interest-only lending from 1 January 2019. 

APRA scraps interest-only cap
ASIC concerned over IDR ‘obstacles’ in financial sector

The corporate regulator has released a report highlighting the challenges faced by customers in the dispute resolutions process and has warned firms that it will be monitoring their ...

mortgagebusiness
New ASIC deputy chair appointed

The government has appointed a new deputy chair to the Australian Securities and Investments Commission (ASIC) following the resignation of Peter Kell.

New ASIC deputy chair appointed
APRA responds to ADI submissions

The prudential regulator has responded to industry submissions on the introduction of a leverage ratio requirement for banks.

mortgagebusiness
More regulation could squeeze small bank IT budgets

Executives from community-owned banks said they expect IT investments to increase in the coming year, but “disproportionate” regulation could shrink their budget.

mortgagebusiness
Action on introducer loan fraud taken ‘far too late’: ASIC

The chairman of the financial services regulator has conceded that it was “far too late”, if not years too late, in taking formal action against introducer loan fraud at a major bank.

Action on introducer loan fraud taken ‘far too late’: ASIC
Treasurer reveals ‘critical’ considerations of RC response

The Treasurer of the Commonwealth of Australia, Josh Frydenberg, has revealed the four key issues that the government will be focused on and mindful of in its response to the royal ...

mortgagebusiness
LATEST PODCAST: The federal court system v HEM, a new government-backed SME fund

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Mortgage Business Uncut
Reform to focus on culture, says Assistant Treasurer

The financial services royal commission and the Productivity Commission inquiry into competition in the Australian financial system will likely bring in a wave of cultural, rather than ...

Stuart Robert
COBA renews call for ‘proportionate’ banking regulation

COBA has renewed calls for a “proportionate” regulatory regime that doesn’t “squeeze out” smaller lenders.

mortgagebusiness
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph