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Economy, climate change trump housing affordability for industry votes

The economy, small-business interests and climate change have ranked higher in importance than housing affordability for mortgage industry workers heading to the federal election.

Economy, climate change trump housing affordability for industry votes
Competition, regulation challenge MyState’s bid for growth

Digitisation, automation and a simplified business model are the ASX-listed bank’s lines of defence against heightened competition and rising regulatory requirements.

Competition, regulation challenge MyState’s bid for growth
Home owners are ready for rate hikes: ANZ

Higher saving rates and accelerated pay rises will tide households over when the Reserve Bank bumps up the cash rate, according to economists at the big four bank.

Home owners are ready for rate hikes: ANZ
6 big banks reimburse customers after breadth of failures

The corporate regulator confirms six big banks have paid or offered more than $3 billion in compensation to its customers for financial advice-related misconduct.

6 big banks reimburse customers after breadth of failures
Superannuation reforms target FHBs, downsizers

The government has almost doubled the savings cap for rookie buyers working towards a house deposit under the First Home Super Saver Scheme.

Superannuation reforms target FHBs, downsizers
Bankers push for an end to elder abuse

The nation’s bankers are again calling on federal and state governments to commit to reforms to help combat financial abuse of the elderly.

Bankers push for an end to elder abuse
Criminal cartel case against banks dropped

Charges against Citigroup, Deutsche Bank AG and four senior banking executives alleging criminal cartel behaviour have been dropped by the CDPP.

Criminal cartel case against banks dropped
Non-bank director’s ban upheld

The Administrative Appeals Tribunal has upheld the banning of former Provident Capital MD Michael O'Sullivan from managing corporations.

Non-bank director’s ban upheld
RBA eyes lending standards amid credit rebound

The Reserve Bank has emphasised the importance of lending standards as housing and business loans have bounced back following lockdowns.

RBA eyes lending standards amid credit rebound
ANZ calls September cash rate lift

Economists from the big four bank believe the RBA will commence hiking the cash rate from September, tipping it will reach 2 per cent by the end of 2023.

ANZ calls September cash rate lift
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