Regulation

3 charged over managed investment scheme 
7 November 2023

The charges follow the collapse of the Sterling First group of companies, which ASIC alleges left tenants homeless.

LATEST PODCAST: Unpacking the alleged mortgage Ponzi scheme
6 November 2023

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgage market.

How could alleged mortgage Ponzi scheme go undiscovered?
6 November 2023

Questions are being asked about regulatory oversight following allegations that a law firm principal may have misappropriated funds from a mortgage lending scheme.

Government releases Sustainable Finance Strategy consultation 
6 November 2023

The aim is to “mobilise the private investment needed” to help companies access the capital to transition to net zero, according to the government.

RBA review to be implemented end of 2023: Treasury
27 October 2023

The Treasury has confirmed it will have instated all 51 recommendations of the RBA review by the end of the year.

Federal government appoints Housing Australia board member
25 October 2023

The Albanese government has appointed its first Housing Australia board member since its rebranding.

RBA records $6bn in losses due to rate rises
23 October 2023

The central bank has recorded substantial losses over 2022 and 2023, but assures it can still perform its key policy functions.

APRA confirms bank branch closure trend
19 October 2023

More than 400 bank branches closed across Australia in the year to 30 June 2023, despite three of the four major banks halting closures amid a regional inquiry.

Court rules on ANZ’s alleged $2.5bn disclosure failure
16 October 2023

The Federal Court has handed down its judgment in an ASIC case that alleged ANZ breached its continuous disclosure obligations by failing to inform the market about $750 million given to ...

Credit advice ‘pretty much sorted’: Assistant Treasurer
13 October 2023

Mortgage advice is “pretty much sorted”, the Assistant Treasurer and Financial Services Minister Stephen Jones has said, flagging the “decent service” of brokers.