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Apr 22 2022
Risk management expectations for crypto-backed lending and other crypto assets have been unveiled by the prudential regulator.
Apr 22 2022
A number of consumer groups have raised concerns around Treasury’s push to extend the open banking regime to non-bank lenders, claiming it will support predatory behaviour.
Apr 14 2022
New Zealand’s cash rate has increased by 50 bps, with rising inflation expectations said to be a key driver in the decision.
Apr 8 2022
A cryptocurrency lender has been accused by the commission for falsely claiming to hold an Australian credit licence when it did not.
Apr 8 2022
Clive Palmer has outlined United Australia Party’s housing policy at the National Press Club, promising a 3 per cent ceiling on home loans.
Apr 8 2022
After nine years of policing the financial services system, Cathie Armour is set to take her exit.
Apr 7 2022
The Federal Court has ordered the major bank to pay a $1.5 million penalty for mis-selling consumer credit insurance with its credit cards and Flexi Loans.
Apr 6 2022
The Council of Financial Regulators has mulled introducing further lending clamps, as high DTI loans have grown to almost a quarter of the banks’ new mortgages.
Apr 5 2022
The Australian Securities and Investments Commission is suing Macquarie Bank, alleging the lender failed to monitor third-party withdrawals from customer accounts.
Apr 1 2022
The Reserve Bank has appointed its first female deputy governor in its 62-year history.
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