by Susan Hayter | Jul 4, 2024 | Uncategorized
From the 2024-25 financial year, credit providers, credit intermediaries, financial advisers and securities dealers will commence paying the annual Compensation Scheme of Last Resort Levy. Established by legislation in 2023, the Compensation Scheme of Last Resort will...
by Susan Hayter | Jul 3, 2024 | Uncategorized
The MFAA Board has approved amendments to the MFAA Code of Conduct and Disciplinary Rules. The MFAA Code of Practice and Disciplinary Rules exist to ensure members provide the highest levels of service to consumers in Australia. The Code and Rules are reviewed every...
by Susan Hayter | Jul 1, 2024 | Uncategorized
Opportunities for Women Mortgage Brokers Consumers are using mortgage brokers more than ever. In fact more than 70% of mortgages are now originated through the services of mortgage brokers. As the Australian mortgage market continues to grow, with mortgage brokers...
by Susan Hayter | Jun 28, 2024 | Uncategorized
The mandatory and ongoing obligation to report internal dispute resolution (IDR) data to ASIC is in its final phase, with all Australian Credit License (ACL) holders now required to lodge reports. ACLs are required to lodge their IDR data report for the period July –...
by Susan Hayter | Jun 26, 2024 | Uncategorized
In this article, we discuss some tools and technologies, including AI, that you might consider using to automate, streamline and support your broking business processes so you have more time for your clients. What is Artificial Intelligence (AI)? Generative AI is a...
by Susan Hayter | Jun 25, 2024 | Uncategorized
Despite the popularity of personal finance articles, podcasts and YouTube channels, financial literacy is an essential skill that Australians are falling behind on, and this can have profound impacts on future homeownership and financial security. Surveys, including...