As read in Mortgage Business – Tony Abbott has outlined a range of new fees and penalties that would make like harder for foreign real estate investors. The federal government has asked the public to comment on a new options paper, which has proposed to increase compliance requirements for investors, developers and third parties, such […]

As read in Aust Broker Online – A payday lender has been slapped with the largest civil penalty ever obtained by ASIC, demonstrating the regulator’s ‘no tolerance’ policy for irresponsible lending. Payday lender, The Cash Store and loan funder, Assistive Finance Aust were charged with $18.975 million in penalties by the Federal Court for their […]