Regulation

Calls for monthly inflation data as cash rate ascends
13 June 2022
Calls for monthly inflation data as cash rate ascends

With inflation being critical to the Reserve Bank’s interest rate decisions, accountants have urged the government to increase the frequency of CPI reporting.

ASIC slaps online lender with lawsuit
7 June 2022
ASIC slaps online lender with lawsuit

ASIC has launched a civil lawsuit against online personal lender Sunshine Loans, for allegedly collecting more than $320,000 in prohibited fees.

RBNZ begins first 5-year remit review
2 June 2022
RBNZ begins first 5-year remit review

The New Zealand central bank has confirmed it has commenced its five-yearly review of its monetary policy remit.

Treasurer ‘keen’ to commence RBA review
1 June 2022
Treasurer ‘keen’ to commence RBA review

Treasurer Jim Chalmers has acknowledged calls from economists for a foreign player to lead an independent review of the Reserve Bank.

Major bank sued for overstating account balances
30 May 2022
Major bank sued for overstating account balances

ASIC is suing a big four bank over allegations that a “continuing problem” misleads customers as to available funds and balances.

Cash rate to more than double in June: Westpac
24 May 2022
Cash rate to more than double in June: Westpac

The bank’s chief economist has responded to the RBA’s latest board meeting, maintaining that rates will lift by 40 bps next month.

Victorian shared equity scheme reports lift in home buying
19 May 2022
Tim Pallas

A figure of 1,100 homes have been purchased under the Victorian Homebuyer Fund, according to new Andrews government figures.

WA commits to stamp duty rebate expansion
17 May 2022
WA commits to stamp duty rebate expansion

The state’s latest budget will build on previous rebates for off-the-plan apartments as part of a drive to improve housing supply and affordability.

APRA chair pings contingency plans needed
16 May 2022
APRA chair pings contingency plans needed

Following two years of considerable economic volatility, APRA chair Wayne Byres points towards an era of contingency and recovery planning.

Settlement scam claims $732k from WA victim
6 May 2022
Settlement scam claims $732k from WA victim

A home buyer has copped a hefty loss, after her email communications with her settlement agent were hacked last month.