Regulation

Cash rate unlikely to climb in 2022: RBA
8 November 2021
Cash rate unlikely to climb in 2022: RBA

The Reserve Bank has insisted the cash rate will not increase next year, despite inflation creeping up faster than expected.

Afterpay-Square deal won’t go to public review: ACCC
8 November 2021
Afterpay-Square deal won’t go to public review: ACCC

The competition watchdog has said that it does not intend to conduct a public review of the proposed acquisition of buy now, pay later giant Afterpay by digital payments company Square, Inc

Smaller banks on edge watching APRA’s next steps
4 November 2021
Smaller banks on edge watching APRA’s next steps

The chief of a banking industry body has warned any further lending controls APRA decides to implement have the potential to choke competition.

E-conveyancing reforms on track to begin next year
4 November 2021
E-conveyancing reforms on track to begin next year

The first steps for e-conveyancing reform and regulation will roll out from early 2022, according to a ministerial statement.

RBA makes Cup Day rate call
2 November 2021
RBA makes Cup Day rate call

The Reserve Bank has declared its rate decision for November, as talk of a faster-than-expected rise has fired up.

Loan deferrals continue to rise
2 November 2021
Loan deferrals continue to rise

A total of over $13.0 billion worth of loans are on deferrals as at 30 September, up from almost $12.0 billion in August, APRA data has shown.

LATEST PODCAST: Rates, migration and buffers
1 November 2021
LATEST PODCAST: Rates, migration and buffers

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

APRA sets expectations for negative rates
29 October 2021
APRA sets expectations for negative rates

The regulator has revealed its final expectations for banks in relation to their preparedness for zero and negative interest rates.

Inflation movements spark cash rate speculation
28 October 2021
Inflation movements spark cash rate speculation

Economists have speculated that interest rate hikes may be creeping closer than previously expected, as inflation has landed within the Reserve Bank’s target range.

APRA extends timelines on revisions to market risk standards
27 October 2021
APRA extends timelines on revisions to market risk standards

The prudential regulator is giving banks additional time to implement several prudential standards for market risk, in response to “industry feedback”.