September 20, 2018 01:15am • News • Greg Ashe

The Future of HEM

QED Risk Services has noted recent commentary stating that the Household Expenditure Measure (HEM) is "likely to be abandoned".  Not only did QED see this one coming once we read the first few words of the announcement about Westpac, we completely...

June 07, 2018 01:15am • News • QED Admin

ASIC fleecing brokers

ASIC Fleecing Brokers Again

 

 

You should by now be aware that the ASIC Credit Licensing Fee structure is about to change fairly dramatically on 1st July 2018, with some elements being passed on to Credit Reps.

 

In Janua...

May 25, 2018 01:15am • News • QED Admin

Licensee vs Credit Rep - what will it cost brokers?

Licensee vs Credit Rep - what will it cost brokers? The difference is minimal.

 

Let's look at that.  Assume you're a one-person brokerage.  If you're a Pursuit Broker Services Credit Rep, you're paying currently $135 per month and...

May 15, 2018 01:15am • News • Liam Brown

Time to act! ASIC Licensing fees increasing from July 1

Did you know that as part of the new fee regime, the cost to submit a credit application will be increasing significantly from July 1?

 

Currently, the cost of applying for an Australian Credit License with ASIC is $523 for individuals, and ...

March 15, 2018 01:15am • News • Liam Brown

QED Response to Banking royal commission: CBA fails to scrap mortgage broker commissions

QED responds to Banking Royal commission cba fails to scrap mortgage broker commissions