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  • AFCA details its new, user-pays funding model

    Most financial firms will pay the same or less to the Australian Financial Complaints Authority (AFCA) under a new, user-pays...

    • 2 Months ago
    • Banking   |  Regulation
  • APRA worries about repayment shock as rates rise

    We are now entering a very different environment than has existed for much of the past decade, APRA chair Wayne Byres warned...

    • 2 Months ago
    • Banking   |  Regulation
  • ACCC puts finance sector on notice

    The Australian Competition and Consumer Commission’s (ACCC) chair Gina Cass-Gottlieb yesterday put those in the financial services...

    • 2 Months ago
    • Banking   |  Regulation   |  Technology
  • RBNZ hikes rates up by 50bps

    As widely expected, the Reserve Bank of New Zealand’s monetary policy committee yesterday increased the official cash rate (OCR) by...

    • 2 Months ago
    • Banking   |  New Zealand   |  Regulation
  • Chinese economy stung by continued lockdowns

    Continued strict lockdowns in Chinese cities and towns are hitting economic activity, leading to weaker growth and economic...

    • 2 Months ago
    • Banking   |  Regulation
  • FSC raises concerns about government’s Super Home Buyer Scheme

    The Financial Services Council has raised concerns about prime minister Scott Morrison’s plans to allow access to superannuation...

    • 2 Months ago
    • Banking   |  Regulation
  • Charities urge politicians to make BNPL and wage advance products safer

    Over 100 organisations have signed an open letter calling on the next Parliament to make buy now pay later (BNPL) and wage advance...

    • 2 Months ago
    • Banking   |  Regulation   |  Technology
  • March building approvals experience a material slowdown

    Australian building approvals fell 18.5 per cent in March after rising a 42 per cent rise in February, according to the Australian...

    • 3 Months ago
    • Banking   |  Regulation
  • Peppermint’s new licence sweetens its opportunities in the Philippines

    ASX-listed fintech Peppermint Innovation has opened more doors in the Philippines after securing a license to operate as an...

    • 3 Months ago
    • Banking   |  Regulation   |  Technology
  • Retail turnover at new highs in March

    Rising prices and the easing of restrictions helped boost Australian retail turnover by 1.6 per cent in March and reach a new...

    • 3 Months ago
    • Banking   |  Regulation
  • RBA lifts rates by 25bps to combat rising inflation

    The Reserve Bank of Australia yesterday lifted interest rates for the first time since November 2010, but only by 25 basis points...

    • 3 Months ago
    • Banking   |  Regulation
  • Why today’s RBA decision is complicated

    While economists are generally pricing in a rate hike at today’s Reserve Bank of Australia board meeting, HSBC chief economist Paul...

    • 3 Months ago
    • Banking   |  Regulation
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