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Dec 8 2021
APRA has revoked 86 400 Ltd’s authorised deposit-taking institution licence after the neobank handed it back.
Dec 7 2021
The cash rate for the last month of 2021 has been confirmed, as analysts continue to speculate on when it will move next.
Dec 7 2021
The federal Treasurer has expressed concerns at the housing market running hot, but he is not sure if APRA will take further lending interventions.
Dec 7 2021
A number of banks see their legally enforceable industry code of practice as a “regulatory burden”, an independent review has found.
Dec 6 2021
Smaller banks have welcomed newly set capital requirements for their big four rivals, declaring the move will reduce “unfair advantages”.
Dec 6 2021
Nearly one in three Western Australian residents have experienced financial abuse, while one in four know someone personally impacted, according to new data.
Dec 3 2021
The Customer Owned Banking Association has welcomed moves for greater banking regulations, suggesting a regulatory initiatives grid could be the next step forward.
Dec 2 2021
The financial complaints body has recruited a new leader for its compliance and monitoring team.
Dec 1 2021
A new class action lawsuit against the big four bank has cried foul over interest-free credit card contracts.
Dec 1 2021
Higher risk lending could become less profitable for the banks, with new standards to require more capital set aside for interest-only and investor loans.
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