Regulation

The major bank has reached an agreement to settle a class action in the US over the bank bill swap rate.

The central bank has said that it is closely watching the uptick in household borrowing for home loans but repeated that it does not, and should not, target house prices.

A foreign bank has had its Australian banking licence revoked by APRA after it pulled out of the Australian market.

The big four bank has hired the former boss of AUSTRAC as the regulator has launched an investigation against NAB for potential anti-money laundering breaches.

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NSW will need to build one new home for every two that currently exists over the next 40 years, according to the state treasury, with increased supply and an axed stamp duty tipped as the ...

AUSTRAC has flagged “serious” concerns with the big four bank’s compliance with anti-money laundering laws, having launched a formal investigation with its enforcement team.

The corporate regulator has pushed the government for data collection powers across non-bank lenders, which could allow it to bulk up its regulation of the sector.

The financial watchdog has hired two new lead ombudsman, across its insurance and small business divisions.

More than half (55 per cent) of Tasmanian households with a mortgage are in financial distress, according to new data from consumer advocate group CHOICE.