Archive for the ASIC category

Switching Home Loans

The ability to switch loans has become a whole lot easier due to a raft of new measures announced by the government in December. These measures include a raft of reforms that will are designed to "build up" competition in the banking system, which will ensure that interest rates are competitive over...Read more...

New National Consumer Credit Regime

On July 1 2010 the new national consumer credit regime came in to effect leaving the Australian Securities and Investments Commission in charge of consumer credit and finance brokers from a legal perspective. What this means for consumers is that for the first time, home loans, credit cards, consumer...Read more...