credit

The Office of the Australian Information Commissioner (OAIC) recently announced changes to credit reporting that will see increased protections surrounding credit information.

Recent controversies surrounding the private credit space have sparked discussion on the authenticity of the industry. Unfortunately, ‘bad actors’ have the potential to influence opinions on ...

The regulator is pushing Australia’s $200 billion private credit sector to urgently improve its standards.

The regulator has announced that it has cancelled an ACL of a credit provider.

The private credit sector is facing increased scrutiny from the Australian Securities and Investments Commission (ASIC), which has announced a planned crackdown on what it describes as an ...

Australians face rising credit card debt after festive overspending; experts suggest debt consolidation loans to regain financial control.

The head of two private lenders has sat down with Broker Daily to discuss the state of the current borrower, and how frustration is high.

The private credit market is important for consumer choice by providing some diversity to lending. However, brokers must weigh up the risk and reward involved in dealing with a private ...

Brokers are being urged to remain alert to dishonest credit repair and debt management organisations to help better protect their clients.

Australian business and housing credit are expanding, driven by strong investment in infrastructure and renewable energy projects, boosting demand.

A staggering number of businesses are turning to private credit lenders to secure loans. What has been described as a “booming” market, private credit could be an attractive option for those ...

An industry snapshot has uncovered some key trends in the commercial credit sector. While demand is on the rise, there are concerns with making payments.

The government is currently in the midst of a review of Australia’s credit reporting framework. The MFAA has submitted its own recommendations in the hopes of making credit reporting more ...

ASIC, as of today (10 June), will regulate BNPL like any other credit product. This is big news for brokers and borrowers as these services could affect borrowing capacity.

After ASIC found that the private credit market remains “relatively immature and untested” in a stress scenario, we ask brokers whether more regulation is needed.