Regulation

The banking code committee is set to launch an inquiry into financial difficulties as higher interest rates pinch borrowers.

A customer-owned bank has informed the regional banking committee that the majority of its customers rely on face-to-face services for home lending.

A Senate inquiry has questioned how the ‘voluntary’ banking code of conduct is supporting regional communities amid bank branch closures.

As part of the state’s budget, the NSW government will boost housing supply, expedite planning regulations, and construct more affordable housing.

The Financial Services Council has appointed two chief executives to its board.

The national research organisation has outlined certain measures the government can adopt to assist first home buyers in achieving home ownership.

Increased security, greater privacy and better action protection against scams are expected to be the upsides of a new bill introduced to Parliament, according to the ABA.

After undergoing revisions, the Housing Australia Future Fund has successfully gained approval in the Senate, welcomed by industry leaders.

The federal government has introduced a bill that allows for the allocation of housing infrastructure funding in regional, rural, and remote Australia.

The federal government’s Housing Australia Future Fund is set to pass Parliament after support from the Greens.