The court has thrown out an appeal by a Victorian finance broker who has been permanently banned from engaging in credit activities
This year saw the non-bank expand its broker network with a major acquisition while also growing its commercial and auto loan book
The agreement will open up new lending options to over 1,000 small businesses listed on the digital retail platform
While regulators have praised the new guidelines, one legal expert has stressed that comprehensive credit reporting is far from perfect
Multiple brands, misleading advertising and clawback provisions are stifling competition in the industry and causing confusion amongst consumers, says the former CEO of a broker association.
ASIC chairman Greg Medcraft is meeting with industry groups to spruik the idea of a business levy to help fund the regulator.
The RBA looks set to keep interest rates at record lows for the foreseeable future following minutes from its most recent board meeting.
The first public hearing of the Senate Inquiry into the performance of ASIC will take place in Sydney today.
Proposed changes to strata laws have been delayed after the NSW Government acknowledged the need for further consultation with stakeholders in order to get the new legislation right.
ASIC has cancelled the license of a Victorian broker following concerns about his conduct.