Economy 15 May 2026

Migration should be capped at the number of new homes completed: Coalition

The Opposition Leader has said the Coalition would cap net overseas migration each year at the number of new homes completed in Australia, in a bid to balance housing demand

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Lender

P&N Group enters merger talks with Bank Australia

15 May 2026

If plans proceed, the mutuals’ members will vote on the proposal in the first half of 2027.

Regulation

RADI program to be scrapped: APRA

15 May 2026

The prudential regulator has revealed it intends to remove the restricted banking licence framework, given its challenge in attracting new entrants and limited take-up.

Lender

New NSW/ACT state manager hired at Mortgage Choice

15 May 2026

The major brokerage has announced a new NSW/ACT state manager, leading a team of franchise development managers across the state and territory.