Regulation

“Fierce competition” in the Australian financial system is being “heavily controlled” by regulatory measures that favour stability, Productivity Commission chairman Peter Harris has warned

Macro-prudential measures imposed by the regulator prompted the major banks to increase rates on their loan offerings, which could have offset the cost of the Major Bank Levy, an ACCC report ...

Countries around the world have started on this journey of financial protection and are enacting responsible and sustainable lending laws.

The regulator has reported progress in its initiative to boost financial literacy amid growing concerns over financial stress.

ASIC has told the Productivity Commission that the comparison rates used for mortgages are “not a very good guide” for whether a rate is good or not, stating that it would be “broadly” in ...

The regulator will consult on updated guidance for its oversight of the newly established Australian Financial Complaints Authority.

Low interest rates have allowed Australian borrowers to build a mortgage “buffer” that could shield them from financial stress, according to Treasurer Scott Morrison.

New ASIC chairman James Shipton has outlined some of his top priorities, including professionalism within financial advice and a continuation of his predecessor’s focus on corporate culture

The financial services regulator has highlighted some concerns relating to the compliance processes and management of conflicts of interests at some of Australia’s credit rating agencies

A bill to strengthen the prudential regulator’s crisis powers has received bipartisan support, passing both houses of Parliament.