Regulation

May 14 2021

The government has bumped up funding for the regulation of super funds, ahead of its incoming Your Future, Your Super reforms.

May 10 2021

The surge in housing prices should be addressed but not through monetary policy, Reserve Bank governor Philip Lowe has stated.

May 7 2021

ASIC has begun proceedings against the major bank for insider trading and breaches of its licensee obligations during the privatisation of Ausgrid.

May 6 2021

APRA has questioned whether mutual banks are assuming more risk for market share after noting a rise in loans with LVRs of 90 per cent or more.

May 4 2021

Treasury has said that it is looking at expanding the Consumer Data Right so that consumers can share “insights” obtained by CDR data to support loan assessments.

May 3 2021

The association for customer-owned banks has urged APRA to ensure that the revised capital framework for banks is a competitive alternative to the framework used by the major banks.

Apr 20 2021

Providing more efficient loan approvals is “within the control of the lenders” and does not require changes to the law, according to MoneyQuest’s compliance manager, Tim Donahoo.

Apr 20 2021

The chief executive of CBA has called for more regulation for the buy now, pay later market, outlining that some players have now outgrown the regulatory “sandbox”.

Apr 19 2021

The lender’s CEO said the proposed changes to the responsible lending obligations would make the mortgage process easier for “some” borrowers and could lead to a quicker answer from the bank