Regulation

The financial services regulator has revealed which projects it will be deferring to focus on the impact of COVID-19, including several mortgage data projects.

The regulator has announced a range of changes to the reporting obligations of ADIs and RFCs, including the extension of BEAR compliance deadlines from 14 to 30 days.

The regulatory approach to the RBA’s recently announced term funding facility, which aims to incentivise lenders to continue to supply business finance, has been revealed by APRA.

Firstmac managing director Kim Cannon is “disappointed” that Treasury rejected the non-bank’s proposed acquisition of Maleny Credit Union, which he said would have brought “real competition” ...

The prudential and financial services regulators have announced new regulatory approaches given the ongoing COVID-19 pandemic, including attitudes to repayment holidays.

The government has remained quiet on its surplus intentions, as Australia’s economy feels the pain caused by the worldwide outbreak of coronavirus.

The government has released the exposure draft for regulatory amendments that will support and give effect to the full rollout of mandatory consumer credit reporting.

The prudential regulator has announced that it will commence publishing more “in-depth” home lending statistics collected from regulated entities. 

ASIC and APRA have provided an update on their actions to strengthen their internal accountability regime as part of their strategic responses to the banking royal commission’s ...

The federal government has released its mid-year budgetary update, in which it has lowered its forecasts for GDP growth and reported a $32.6-billion decline in projected revenue.