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Regulation

10 December 2019

ASIC has outlined the “reasonable steps” that a credit provider can take when using a benchmark to assess a borrower’s expenses.

10 December 2019

The regulatory body has announced its revised capital treatment of loans written under the upcoming First Home Loan Deposit Scheme.

9 December 2019

Treasurer Josh Frydenberg has touted the benefits of comprehensive credit reporting after re-introducing the bill in Parliament.

2 December 2019

ASIC and APRA have formally committed to greater collaboration as part of their ongoing response to the banking royal commission’s recommendations.  

20 November 2019

In a heated parliamentary hearing, the financial services regulator has defended its role in providing clarity around responsible lending, emphasising that its role is in providing “guidance ...

25 October 2019

The chair of the prudential regulator is closely monitoring developments in the housing market, particularly the rise in “speculation”, amid financial stability concerns associated with the ...

22 October 2019

Record-low interest rates and trade tensions between the US and China are stifling consumer spending, Treasurer Josh Frydenberg has acknowledged.

8 October 2019

The corporate regulator has called on financial institutions to revise their approach to non-financial risk management, with a new review identifying several flaws in existing practices

7 October 2019

The prudential regulator has revamped its executive leadership structure, announcing a number of new appointments.

23 September 2019

The prudential regulator has launched a consultation on a proposal that would expand its collection remit for home lending data.