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16/08
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By BN
A re-elected Gillard government would restrict the way banks and credit card companies market and operate credit cards in the interests of consumer protection, the Labor Party has announced
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8/07
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By Andrea Cornish
The government has initiated the second stage of reforms to consumer credit with the release of its Phase Two Green Paper
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7/07
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By Andrea Cornish
First Home Saver Accounts are a better option for people trying to crack the housing market than SMSF funds, says Minister for Financial Services, Chris Bowen
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29/06
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By BN
Federal Financial Services Minister Chris Bowen continued the verbiage against unfair mortgage exit fees by warning banks against “gouging consumers”, while launching the National Consumer Credit Protection regime.
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24/06
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By Andrea Cornish
A new amendment to the National Consumer Credit Law ensures lenders and brokers will be allowed to obtain new business through existing networks
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21/06
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By Andrea Cornish
Special purpose funding entities that are credit providers or lessors for non-banks will not be required to hold an Australian credit licence as a result of amendments made to the National Consumer Credit Protection regulations
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10/05
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By Andrea Cornish
ASIC has readied itself additional consumer credit responsibilities by appointing a new deputy chair and a new commissioner
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28/04
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By Luke Cornish
After yesterday's announcement by the government that the payment of commissions to financial advisers is coming under threat some are asking whether mortgage brokers will be next
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14/12
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By BN
A proposal for product rationalisation released Friday by Financial Services Minister Chris Bowen is a win for the major banks.
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11/12
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By BN
Federal financial services minister Chris Bowen has asked the shadow minister for finance, Barnaby Joyce, to 'please explain' the Coalition's new policy on bank divesture
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