Responsible Lending update: ASIC more open to rethinking 'Responsible Lending Read more

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ASIC more open to rethinking 'Responsible Lending'

ASIC News

ASIC more open to rethinking 'Responsible Lending'

ASIC has opened consultation on the much-awaited revision of Regulatory Guide 209.  It is believed that banks have been quite instrumental in finally forcing ASIC's hand. In short, the industry wants more direction and less prosecution.

This ha...

What to make of the Hayne Royal Commission

ASIC News

What to make of the Hayne Royal Commission

Like the entire mortgage broking industry, the QED team was aghast at the recommendations of the RC on 4 February.

We have contributed enough to the outcry and anguish regarding the proposed changes to broker remuneration. If you are reading this, y...

Broker Market Share Grows in the face of adversity

NewsLiam Brown

Broker Market Share Grows in the face of adversity

2018 was a rough year for lending, but brokers have been able to successfully leverage their expertise to increase market share to 59.1% amid 40% rejection rates. Jump start your business' compliance with QED Risk Services today!

The Future of HEM

NewsGreg 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...

ASIC fleecing brokers

NewsQED 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...

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