Regulation

The majority of FHBs could achieve their goal of owning property faster if they are able to opt out of stamp duty, according to a non-major bank.

The REINSW has welcomed the NSW government’s revelation that it will be phasing out stamp duty, but warned that it won’t support the replacement of one property tax with a different property ...

A package of legislation addressing 20 recommendations and one additional commitment from the banking royal commitment, including the reference checking and information-sharing protocol for ...

A new research paper has highlighted how financial institutions can provide better support for people impacted by economic and financial abuse through intimate partner relationships.

The big four bank believes that it has made substantial progress on turning its culture around in the wake of the banking royal commission, but the prudential regulator will have the final ...

Cyber criminals are actively targeting the elderly and most vulnerable members at double the rate of any other age groups, according to a non-major bank.

The big four bank recorded $2.56 billion of profit in the financial year 2020, a 47 per cent drop compared with last year, largely due to COVID-related challenges.

The major bank’s FY20 cash profit has plummeted 42 per cent on the prior comparable period, driven by full-year credit impairment charges due to the impact of COVID-19.

A former property developer has been found guilty of fraud in relation to obtaining funds from SMSF investors following an ASIC investigation.

The big four bank has signed agreements to settle two class actions against it in the US in relation to trading activity and the AUSTRAC fallout.