Regulation

There was no consultation on expanding the design and distribution obligations to home loans and other consumer credit products, a banking group has said.

The government has released exposure draft legislation aiming to implement seven further recommendations from the banking royal commission.

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 ...

The prudential regulator has released draft expectations, which could require banks to prepare for zero and negative interest rates.

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.

Dr Guy Debelle has been reappointed as the central bank’s deputy governor for another five years, effective in September.

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.

The Australian Banking Association has commissioned an independent review of the Banking Code of Practice, with an industry consultation calling for submissions.

How to succeed when isolation is the new norm.

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.