The broker has been ordered to pay damages for breaching his post-termination restraints after moving to another firm
The website aims to become a one stop shop, giving brokers access to a range of handy tools and information
The regulator's enhanced focus on interest-only lending is having consequences for lenders and brokers alike
Industry associations and aggregators have asked brokers for data to promote the benefit the profession provides to the public
A top NAB exec has taken a swipe at the bank's competitors for “aggressive” tactics designed to gain market share.
Following a Melbourne broker’s ban for failing to verify documents, lenders and aggregators have been called on to help brokers meet ASIC requirements.
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.