Regulation

Treasurer reveals ‘critical’ considerations of RC response
22 November 2018
mortgagebusiness

The Treasurer of the Commonwealth of Australia, Josh Frydenberg, has revealed the four key issues that the government will be focused on and mindful of in its response to the royal ...

LATEST PODCAST: The federal court system v HEM, a new government-backed SME fund
19 November 2018
Mortgage Business Uncut

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Reform to focus on culture, says Assistant Treasurer
19 November 2018
Stuart Robert

The financial services royal commission and the Productivity Commission inquiry into competition in the Australian financial system will likely bring in a wave of cultural, rather than ...

COBA renews call for ‘proportionate’ banking regulation
19 November 2018
mortgagebusiness

COBA has renewed calls for a “proportionate” regulatory regime that doesn’t “squeeze out” smaller lenders.

Banks defend default interest amid regulatory threat
15 November 2018
Interest rate

Introducing regulatory transcriptions on the application of default interest would “impede the flexibility” that “needs to be exercised” by banks, the Australian Banking Association has told ...

Second deputy chair to lead APRA’s enforcement review
15 November 2018
mortgagebusiness

The prudential regulator has announced that its “enforcement strategy and infrastructure” will be reviewed by its recently appointed second deputy chair.

Government urged to limit ‘destructive’ APRA powers
15 November 2018
mortgagebusiness

What was supposed to be an exercise in reviewing lending standards has “quickly become a course in economic destruction”, according to property market research firm Propertyology.

APRA proposes raising ADI capital requirements
9 November 2018
mortgagebusiness

The prudential regulator is seeking to raise ADI capital requirements to enhance the financial system’s ability to cope with disruption.

APRA finalises information security standard for ADIs
8 November 2018
mortgagebusiness

Information security at APRA-regulated entities are “ultimately” the responsibility of boards, according to the final infosec standard issued by the prudential regulator.

APRA gets $59m boost, reappoints Byres
6 November 2018
mortgagebusiness

The government has committed $58.7 million to “strengthen” APRA’s enforcement powers after the regulator was criticised by the royal commission.