Regulation

The federal government has delivered its responses to the recommendations for the Housing Australia Future Fund Bill.

The competition watchdog has said it will take time to ‘reflect’ on the tribunal’s decision to overturn its decision blocking the ANZ-Suncorp Bank merger.

Commonwealth Bank of Australia (CBA) and its subsidiary CommSec have been hit with record fines after underpaying employees millions of dollars.

APRA has welcomed the federal court’s decision to prevent the businesses from further operation.

Directors will be held personally accountable if predatory lending and high-cost credit have resulted in consumer harm, the financial services regulator has warned.

Speaking at the National Regional Housing Summit, member of Parliament for Deakin, Michael Sukkar, has said an LNP leadership would “cut out state governments” to address the housing crisis

The ACCC has cautioned government that allowing anti-competitive mergers to persist could result in increased prices and reduced options for consumers and businesses.

Far North Queensland has seen an outpouring of aid from major banks and government entities in response to the devastation caused by ex-Tropical Cyclone Jasper.

Applications are poised to open for the government’s Housing Australia Future Fund aimed at fostering the construction of numerous new homes.

The National Housing Supply and Affordability Council’s key appointments have been made public, ushering in a promising era for housing policy development.