Regulation

While economists had agreed the central bank would lift the cash rate in July, the latest inflation figures have some questioning.

Australia’s banking authority will soon introduce a new protocol to ensure banks communicate better when branches close.

The regulator confirmed it will continue to look into how AI is being applied in regard to lending.

From the end of June, the Tax Office is digitising its interactions with foreign investors and their representatives.

The regulator has banned the director of Foxi Capital AU Pty Ltd, Shaun Fox, from providing financial services for eight years.

The trusted adviser model in open banking should be expanded to enable loan processors and practice managers to receive data, AMP Advice’s Phil Quin-Conroy has said.

The CFR has maintained that APRA’s serviceability buffer of 3 per cent remains appropriate in the current economic climate.

The prudential regulator has warned banks that lenders with higher volumes of lending exceptions will be faced with “heightened supervisory attention”.

Australia’s financial system regulators have flagged the security risks posed by rapidly evolving artificial intelligence technologies but revealed they’re exploring ways to leverage AI to ...

Several non-major lenders have welcomed the government’s updated expectations for the prudential regulator, stating they will help create a more even playing field for smaller players.