Beware Misleading Advertising on Home Loans

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...

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ASIC Releases Report on its Review of Low Doc Lending (Report 410)

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...

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High Court Decision on Fund Management Fees

The High Court recently delivered judgment in the matter of Gray v Richards involving the entitlement of plaintiffs to claim the fees for the management of damages awards. The effect of the decision is that in claims that att...

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ASIC Continues Crack Down on Pay Day Lending Avoidance Models

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...

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Celebrating Excellence at the NSW Export Awards

The Export Council Australia (ECA) celebrated the 52nd Premier of NSW Export Awards last night highlighting the contribution of NSW's top exporters. The Awards acknowledge the important contribution of businesses to the economy...

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Brookfield Multiplex Ltd v Owners Corporation Strata Plan 61288

In a decision that is highly relevant to those insuring people involved in the building industry – whether they be builders, other trades, architects, construction managers, developers or owners - the High Court has unanimousl...

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