Briefing Daily

  • Wed 8 July 2020

    Banks extend Covid-19 loan relief; APRA extends relief to banks; and arguments against raising the superannuation guarantee labelled “opportunistic”.

  • Tue 7 July 2020

    The RBA keeps interest rates unchanged at 0.25%; ASIC updates its financial reporting focus; and Labor slams HomeBuilder pace.

  • Mon 6 July 2020

    Treasurer Josh Frydenberg stands by the government's early superannuation policy; the super guarantee rise debate rages on; and CBA suffers a service outage.

  • Fri 3 July 2020

    Morrison quiet on JobKeeper and JobSeeker; Credit Suisse fined A$75,000 over ASIC rules breach; and Covid-19 drives down board and executive pay at financial institutions.

  • Thu 2 July 2020

    APRA puts licence conditions on Colonial First State and Suncorp; complaints to AFCA are up 13.7% on last year; and a whistleblower uses new laws to sue ANZ.

  • Wed 1 July 2020

    A 'gentle' start to open banking; AFCA bans a paid rep from lodging complaints on behalf of consumers and small businesses; and Societe Generale pleads guilty to client money offences.

  • Tue 30 June 2020

    Hayne royal commission reforms are making financial advisors stressed; the RBA supports a continuation of policy action to prop up the economy; and APRA's latest MySuper heatmap reveals fee reductions.

  • Mon 29 June 2020

    Early access to superannuation tops A$17 billion, economists bearish on the federal outlook; and the CDR goes beyond open banking.

  • Fri 26 June 2020

    New banking measures take effect on July 1; ASIC’s responsible lending appeal against Westpac dismissed; and HESTA announces a net zero by 2050 target.

  • Thu 25 June 2020

    The BIS urges central banks to adapt to digital payments; Labor Senator Deborah O'Neill calls for a probe into AMP over changes to financial adviser contracts; and Choice issues Covid-19 scorecards to banks – with some failing.

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