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Regulation

BNK launches review after ‘unsolicited approaches’

The listed bank has kicked off a strategic review of its company, after reportedly receiving interest from external parties.

BNK launches review after ‘unsolicited approaches’
Government urged to support off-the-plan sales

Developers have called the government to act against a decline in apartment construction in NSW, saying it could threaten housing affordability.

Government urged to support off-the-plan sales
Housing Minister slams Victorian construction shutdown

The Minister for Housing has called the building and construction ban in Victoria a “chaotic and confusing response”.

Housing Minister slams Victorian construction shutdown
Make RBA overlook housing stability: UNSW

The Reserve Bank should play a stronger role in maintaining the stability of the housing system, according to a new report.

Make RBA overlook housing stability: UNSW
Banks shouldn’t wait for regulatory intervention: ANZ CEO

Banks are too reliant on regulatory oversight to do what is right for borrowers, the big four boss has said.

Banks shouldn’t wait for regulatory intervention: ANZ CEO
Licensing reforms see uptick in applications

ASIC reported a significant increase in the number of ACL and AFSL applications it received in the past year due to licensing reforms, including in debt management services.

Licensing reforms see uptick in applications
BOQ responds to criminal charges facing ME Bank

The group was aware of the home loan communication issues ME Bank is now facing criminal charges for, before it closed its acquisition.

BOQ responds to criminal charges facing ME Bank
Government committee questions LMI structures

Members of Parliament are considering ways in which housing affordability can be improved, with one MP suggesting that LMI was a “rort” in need of reform.

Government committee questions LMI structures
Higher housing supply won’t kill price rise: RBA

Increasing housing supply will help combat rising prices but it’s “not a panacea”, according to a Reserve Bank economic adviser.

Higher housing supply won’t kill price rise: RBA
Westpac PNG sale blocked by ICCC

Papua New Guinea’s competition regulator has said it will not authorise Kina’s proposed acquisition of Westpac’s PNG and Fiji operations.

Westpac PNG sale blocked by ICCC
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