Regulation

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.

Non-major banks and other brands have commenced sharing data as part of the new phase of open banking, effective 1 July 2021.

The prudential regulator has confirmed the risk weighting for loans originated by lenders under the government’s Family Home Guarantee program.

The effectiveness of the financial crimes regulator is set to go under the microscope in a new parliamentary inquiry.