Over 1,000 households applied for deferrals in the first three weeks of August
Mortgage advisers prepare for a second wave of COVID-19 by moving back to online channels
High-LVR borrowers would be charged a low equity margin on special rates
They are focusing on existing customers and processing hardship and deferral requests
Businesses can reopen under alert level 2 lockdown, provided that they follow social distancing and strict hygiene standards
It is time for advisers to "review, realign, and re-present" their business
It issued a notice under the FMA Act when a firm wasn't forthcoming with information
Advisers will be able to use client files to demonstrate practical knowledge
He says focus should now be on supporting small businesses