Powered by MOMENTUM MEDIA
Mortgage business logo

Regulation

APRA reforms to ‘strengthen the ability of banks’

APRA has finalised reforms to enhance banks’ liquidity and capital requirements, aiming to bolster their ability to handle future stress events.

APRA reduces Westpac’s risk capital

Westpac is set to have its risk capital add-on reduced by $500 million after positive progress to improve risk governance, culture and risk management.

Former NSW broker cops permanent ban

ASIC has permanently banned a former Sydney-based mortgage broker following convictions of fraud.

Minister and industry hold ‘groundbreaking’ clawback meeting

The Assistant Treasurer has met with the broking industry association to discuss further action around the subject of “unfair clawbacks”.

Changes to legislation set forth ANZ-Suncorp merger

The upcoming ANZ-Suncorp merger has been given a date following the proclamation of Queensland legislation.

What you need to know about the CIPT reforms

As of 1 July, the commercial and industrial property tax (CIPT) reforms are in effect across Victoria. These changes will make things easier for those looking to invest.

New provisions for guarantors included in Banking Code update

To ensure guarantors better understand their obligations, the association has updated the Banking Code of Practice.

Human right to housing bill introduced to Parliament

A new bill that would solidify housing as a human right in Australia has been introduced to Parliament.

ACT government amends stamp duty concession policy

To encourage more buyers into the market, the territory government has increased the maximum income threshold to be eligible for stamp duty concession.

Tasmania introduces stamp duty concession for apartment buyers

To encourage more buyers into newly built apartments and units, the Tasmanian government has introduced a new stamp duty concession.

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

As a broker, what area of lending do you prefer?