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CBA inks deal with broker peak body

Two-year sponsorship with Australia's biggest bank to see brokers offered support in education, advocacy and professional development ....

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Productivity Commission lauds broker role in SME finance

Productivity Commission lauds broker role in SME finance
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RLO repeal would reduce 'policy creep': CAFBA


RLO repeal would reduce ‘policy creep’: CAFBA
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As politicians debate the bill to repeal responsible lending, CAFBA has said that repealing the obligations would help reduce any “grey area” when it comes to commercial lending.
On Monday (15 March), the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 – which focuses on amending the credit laws so that they remove responsible lending obligations (RLOs) and extend the best interests duty to more credit assistance providers, among other changes – was debated in Parliament during its second and third reading.
During the debates, which extended into the evening, several Labor MPs suggested that the changes the bill is proposing would negatively impact business lending. ....

Fiona Philips , Andrew Leigh , Annie Kane , David Gandolfo , Asset Finance Brokers Association Of Australia , National Consumer Credit Protection Amendment , Supporting Economic Recovery , Asset Finance Brokers Association , Banking Code , Elite Broker , Adviser Live , பியோனா பிலிப்ஸ் , ஆண்ட்ரூ லே , அன்னயே கேன் , டேவிட் கன்தொள்போ , சொத்து நிதி தரகர்கள் சங்கம் ஆஃப் ஆஸ்திரேலியா , தேசிய நுகர்வோர் கடன் ப்ரொடெக்ஶந் திருத்தம் , துணை பொருளாதார மீட்பு , சொத்து நிதி தரகர்கள் சங்கம் , வங்கி குறியீடு , உயரடுக்கு தரகர் ,

MPs highlight broker concerns in Parliament debate


MPs highlight broker concerns in Parliament debate
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The Member for Fisher says brokers back the bill repealing responsible lending laws, while the Opposition Whip told the house mortgage brokers oppose it.
Speaking in the House of Representatives during the debate for the second reading of the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 yesterday (25 February), politicians continue to voice the pros and cons of the ramifications of the proposed changes.
Among those speaking in the house was Liberal MP for Fisher, Andrew Wallace, who outlined that the repeal of responsible lending laws was needed to free up credit and “replace the increasingly complex guidance provided by regulators and to get the flow of credit moving again”. ....

Andrew Wallace , Justice Perram , Annie Kane , Asset Finance Brokers Association Of Australia , National Consumer Credit Protection Amendment , Supporting Economic Recovery , Opposition Whip , Joanna Ryan , Asset Finance Brokers Association , Elite Broker , Adviser Live , ஆண்ட்ரூ வாலஸ் , அன்னயே கேன் , சொத்து நிதி தரகர்கள் சங்கம் ஆஃப் ஆஸ்திரேலியா , தேசிய நுகர்வோர் கடன் ப்ரொடெக்ஶந் திருத்தம் , துணை பொருளாதார மீட்பு , எதிர்ப்பு சவுக்கை , ஜொவந ரியான் , சொத்து நிதி தரகர்கள் சங்கம் , உயரடுக்கு தரகர் ,