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Regulation

LATEST PODCAST: The rise of mortgage prisoners, further regulation and the importance of good advice

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

LATEST PODCAST: The rise of mortgage prisoners, further regulation and the importance of good advice
ASIC releases guidance on AFCA oversight

The corporate regulator has issued guidance in relation to its oversight of a newly formed external dispute resolutions body, the Australian Financial Complaints Authority.

ASIC
Analysis: When regulation creates mortgage ‘prisoners’

Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.

Analysis: When regulation creates mortgage ‘prisoners’
Prospa delays listing to answer ASIC

The small business lender announced that it has decided to postpone its listing on the ASX to “clarify” issues raised by ASIC.

mortgagebusiness
Treasury deputy secretary nominated as APRA deputy chair

The federal government has announced its nomination for an additional deputy chair of APRA, should new legislation to “bolster” APRA’s powers be agreed to in Parliament.

APRA deputy chair, treasury deputy secretary, nominated, federal government
RC could result in ‘unanticipated’ credit tightening: Treasury secretary

The secretary to the Treasury has warned that the financial services royal commission could result in an “unanticipated tightening in financial conditions”.

Royal commission, money, cash, credit tightening
Bill introduced to ‘bolster’ APRA powers

Legislation has been introduced by the federal government aimed at strengthening the prudential regulator to ensure stability and accountability in the financial sector.

Bill introduced to ‘bolster’ APRA powers
Former QBE treasury exec joins Pepper Group

The non-bank lender has announced that it has replaced its current group treasurer, Todd Lawler, with ex-QBE executive Paul Byrne.

mortgagebusiness
Treasurer says credit ‘distortions’ have been addressed

Treasurer Scott Morrison has reaffirmed the government’s commitment to preserve current negative gearing arrangements, claiming that macro-prudential measures have already addressed ...

mortgagebusiness
APRA announces fresh mortgage guidance

The banking regulator has today announced plans to remove its macro-prudential measures, which have been in place since 2014.

mortgagebusiness
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