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iscover regulation
16 July 2024
Encouraging regional areas of Queensland to “grow their own” workforces, the Queensland government’s latest initiative sees opportunities for investment in regional businesses.
23 March 2022
Both the corporate and prudential watchdogs have set about slimming down their regulatory burden on industry, but the APRA chair has said it will take time.
3 February 2022
Lower inflation and wages growth have meant Australia’s cash rate can move slower than its international counterparts, according to RBA governor Philip Lowe.
30 November 2021
The major bank’s chief has apologised to customers, admitting far-reaching systemic issues led to each of the six matters presented in new civil lawsuits.
30 December 2021
Research has found that more than half of Australians intended to use buy now, pay later schemes during the Christmas period.
16 February 2022
The corporate regulator confirms six big banks have paid or offered more than $3 billion in compensation to its customers for financial advice-related misconduct.
10 March 2022
The scheme devoted to assisting single parents into the housing market has been mostly embraced by women, according to the federal government.
8 December 2021
APRA has revoked 86 400 Ltd’s authorised deposit-taking institution licence after the neobank handed it back.
16 December 2021
The competition watchdog has watched all banks who have not kept up with its open banking roll out, warning of potential enforcement actions for non-compliance.
24 January 2022
Data intermediary and fintech Adatree has become the first principal under the new Consumer Data Right (CDR) access model – allowing it to help other companies access open banking data.
27 October 2021
The complaints authority has created seven new positions, including a senior ombudsman for credit, as part of a move to bring in more specialised expertise.
2 December 2021
The financial complaints body has recruited a new leader for its compliance and monitoring team.
21 March 2022
The Australian Financial Security Authority has recruited a former Austrade acting chief.
3 February 2022
Economists from the big four bank believe the RBA will commence hiking the cash rate from September, tipping it will reach 2 per cent by the end of 2023.
31 January 2022
Economists from the big four bank expect the Reserve Bank will hold off on raising the cash rate until wage growth accelerates, despite a spurt in inflation.