Powered by MOMENTUM MEDIA
Mortgage business logo

Regulation

Hardship applications have ‘risen materially’, finds CFR

While most households are meeting loan repayments, hardship applications have risen materially, according to the Council of Financial Regulators.

Government to introduce ‘regulatory grid’

The Albanese government will release a biannual ‘regulatory grid’ to help provide a clearer outline of financial regulation and support better compliance planning.

Government finalises FAR rules

The federal government has announced it has finalised the rules in order to support the Financial Accountability Regime’s full operation.

All major banks report resi loan growth: APRA

All major banks recorded mortgage loan book growth in January, as the regulator reveals the latest statistics for ADIs.

Revised tax cuts pass both houses

A broader range of taxpayers are set to receive tax cuts from 1 July, with Labor’s tax cuts bill passing through the Senate.

RBA announces new C-level role

The Reserve Bank has made a key appointment in its executive team, promoting an assistant governor to the newly created role of chief operating officer.

Government responds to Senate inquiry on HAFF Bill

The federal government has delivered its responses to the recommendations for the Housing Australia Future Fund Bill.

ACCC taking time to ‘reflect’ on tribunal decision

The competition watchdog has said it will take time to ‘reflect’ on the tribunal’s decision to overturn its decision blocking the ANZ-Suncorp Bank merger.

CommBank hit with record fines after underpaying employees

Commonwealth Bank of Australia (CBA) and its subsidiary CommSec have been hit with record fines after underpaying employees millions of dollars.

Unauthorised banking businesses granted injunction

APRA has welcomed the federal court’s decision to prevent the businesses from further operation.

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

What are the main barriers to securing a mortgage at the moment?