ASIC has lodged a fourth submission with the Senate Inquiry into its performance, while taking action against two lenders for handling of client monies
A major non-bank lender has revealed it plans to expand its involvement in the broker space by purchasing distribution channels.
Macquarie Bank recorded over 20% growth in its mortgage book in the past year, while ANZ and NAB continue to lead the big four banks in growth.
One large aggregator is going from strength to strength, recording their highest settlements ever in October.
Macquarie Bank has acquired a significant share in aggregator Connective
The corporate watchdog has defended itself against critics and says it needs more powers - including expanding the definition of 'whistleblower' -to be effective