Regulation

First home buyers accessing their super to pay for a house deposit could cause a “huge price hike”, according to the Super Members Council.

While most households are meeting loan repayments, hardship applications have risen materially, according to the Council of Financial Regulators.

The Albanese government will release a biannual ‘regulatory grid’ to help provide a clearer outline of financial regulation and support better compliance planning.

The federal government has announced it has finalised the rules in order to support the Financial Accountability Regime’s full operation.

All major banks recorded mortgage loan book growth in January, as the regulator reveals the latest statistics for ADIs.

A broader range of taxpayers are set to receive tax cuts from 1 July, with Labor’s tax cuts bill passing through the Senate.

The Reserve Bank has made a key appointment in its executive team, promoting an assistant governor to the newly created role of chief operating officer.

The federal government has delivered its responses to the recommendations for the Housing Australia Future Fund Bill.

The competition watchdog has said it will take time to ‘reflect’ on the tribunal’s decision to overturn its decision blocking the ANZ-Suncorp Bank merger.

Commonwealth Bank of Australia (CBA) and its subsidiary CommSec have been hit with record fines after underpaying employees millions of dollars.