by Sue | Jun 18, 2024 | Uncategorized
Responding to the outcome of the Loan Market Group Pty Ltd vs. Chief Commissioner of State Revenue NSW payroll tax Supreme Court matter, the Mortgage & Finance Association of Australia (MFAA) said while it is disappointed by the ruling, the Court’s finding...
by Sue | Jun 17, 2024 | Uncategorized
From 3 August 2024 all new Victorian certificates of title from the Register of land will be electronic. Electronic certificates of title (eCTs) were introduced in Victoria in 2009, and the phasing out of paper certificates is the next step for Land Use Victoria’s...
by Sue | Jun 14, 2024 | Uncategorized
Mortgage brokers operating in Australia will find this article very useful. From 1 July 2024, commercial or industrial property purchased in Victoria will be subject to a new property tax system. For commercial and industrial property transactions with both a contract...
by Sue | Jun 11, 2024 | Uncategorized
There has been a rush of headlines over recent weeks about banks being ‘at war’ with mortgage brokers. These headlines are misguided. They also ignore the most important player in this ‘war’: Australian borrowers. However, if some of the larger...
by Sue | Jun 11, 2024 | Uncategorized
Australian homebuyers are turning to mortgage brokers in record numbers, according to the latest data released by the Mortgage & Finance Association of Australia (MFAA). Between January and March 2024, 74.1% of all new home loans were written by mortgage brokers....
by Sue | Mar 27, 2024 | Uncategorized
The passing of legislation allowing for a comprehensive reference checking regime for the mortgage and finance broking industry has been welcomed by the Mortgage & Finance Association of Australia. The Treasury Laws Amendment (Modernising Business Communications...