Regulation

After “poor execution” plagued the initial effort to implement Consumer Data Right, the government is resetting the initiative in a bid to “deliver better consumer outcomes.”

“Beware false prophets” was the message the Reserve Bank of Australia (RBA) gave today at a press conference. The central bank reinforced its reasoning for not cutting rates, highlighting ...

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 ...

A new form of taxation for Goldy residents isn’t too popular, with the move being dubbed “nonsensical”.

APRA has kept the mortgage serviceability buffer steady at 3 percentage points. Brokers are now weighing in on the decision, with some claiming the decision is a positive for consumers and ...

APRA has finalised reforms to enhance banks’ liquidity and capital requirements, aiming to bolster their ability to handle future stress events.

Westpac is set to have its risk capital add-on reduced by $500 million after positive progress to improve risk governance, culture and risk management.

ASIC has permanently banned a former Sydney-based mortgage broker following convictions of fraud.

The Assistant Treasurer has met with the broking industry association to discuss further action around the subject of “unfair clawbacks”.

The upcoming ANZ-Suncorp merger has been given a date following the proclamation of Queensland legislation.