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Jul 16 2021
The government has released exposure draft legislation aiming to implement seven further recommendations from the banking royal commission.
Jul 16 2021
Administrators have commenced closing down subsidiaries within a group of companies involved in an alleged $200 million fraud against Westpac, with the Federal Court ordering the ...
Jul 13 2021
The prudential regulator has released draft expectations, which could require banks to prepare for zero and negative interest rates.
Jul 8 2021
Liberal MP Tim Wilson has grilled the major banks on what regulatory changes would be needed to allow first home buyers to drain their superannuation for house deposits.
Jul 8 2021
Dr Guy Debelle has been reappointed as the central bank’s deputy governor for another five years, effective in September.
Jul 7 2021
The Reserve Bank governor has insisted that Australia is unlikely to reach the prerequisites for raising the cash rate sooner than 2024, despite clashing industry speculation.
Jul 7 2021
The Australian Banking Association has commissioned an independent review of the Banking Code of Practice, with an industry consultation calling for submissions.
Jul 6 2021
The RBA has announced its decision for the official cash rate for July, as well as changes to strategies around its government bond-buying program.
Jul 2 2021
Non-major banks and other brands have commenced sharing data as part of the new phase of open banking, effective 1 July 2021.
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