Some years ago ASIC and ACCC released Regulatory Guide 96 - Debt Collection Guideline: For Collectors and Creditors. That is now the bible for anyone involved in collection activities. Now ACCC and ASIC have released a separate...

It must be very tempting for marketing departments of financial institutions to push the boundaries on advertising to demonstrate how their home loan is "the best". However, the desire of marketing departments for differentiati...

ASIC recently released report 410 on its review of low doc home lending following the introduction of responsible lending obligations. In conducting its review ASIC reviewed 12 credit licensees of varying sizes representing a bro...

In an ASIC media release issued on Wednesday 22 October 2014, ASIC reported on how it had intervened in the activities of two so-called "payday lending" companies and persuaded them to change their business model. Two businesse...

In the lead up to implementation of electronic conveyancing, various states are introducing new verification of identity (VOI) requirements for paper based mortgage and property transactions to achieve alignment with the VOI requi...

APRA has released a draft Prudential Practice Guide on Residential Mortgage Lending, which aims to provide guidance to approved deposit-taking institutions to reinforce the importance of maintaining lending practice standards. The...