Regulation

Sep 12 2017

APRA and ASIC will answer this week tough questions from David Coleman MP on macro-prudential measures and the governance and culture of CBA.

Sep 8 2017

Australia’s financial regulators have been condemned as contributing to a “precarious situation” in which the housing market is “holding the rest of the economy to ransom”.

Sep 7 2017

Treasury has launched a consultation into whether ASIC should be given powers to ban senior managers in the financial sector.

Sep 6 2017

Residential building is “on the threshold of a sharp decline”, courtesy of an “extraordinarily successful regulatory intervention” to discourage investors.

Aug 25 2017

Loan Market chairman Sam White believes that the downturn in the Perth property market is proof that risks can be contained, but says that APRA won’t dial down its efforts until Sydney comes ...

Aug 24 2017

Pepper has warned the government that it should be “very cautious” about extending APRA powers to non-banks, adding that it has “significant concerns” about the impact the changes could have ...

Aug 22 2017

APRA has proposed a restricted ADI regime that could see fintech start-ups providing transaction banking services much sooner.

Aug 14 2017

The financial services regulator has revealed that it has “commenced inquiries” into the Commonwealth Bank regarding alleged breaches of the Anti-Money Laundering and Counter-Terrorism ...

Aug 3 2017

A leading economist believes that the continued strength of the housing market could force the banking regulator to announce even tighter restrictions on mortgage lending as a rising Aussie ...