Tighter standards have improved the quality of new home lending but let’s not be too pedantic, the RBA urges banks.
A whopping 52% of UBS Evidence Lab 2019 survey respondents who chose a mortgage broker to "get the mortgage size I want" admitted their application was full of porkies.
Bank rate-rigging scandals sunk LIBOR, the world’s “most important number”, and now there's a high-stakes transition affecting A$590 trillion of financial contracts.
The Indigenous Super Summit revealed major hurdles remain to improving outcomes for Indigenous superannuation customers, but the industry and regulators are developing policy to address these.
The Australian Council of Superannuation Investors revealed damning evidence that bankers are still getting paid the big bucks and banks have not heeded the warnings of Hayne and Sedgwick.
New fast international payments systems are in hot competition to attract a critical mass of users. ISO 20022 is in the mix, but Australian users are undecided on a rollout plan.
Standard & Poor's urges banks to tackle climate risks but finds some green shoots as more than 100 financial institutions sign up to a sustainable banking pact set to be launched this month at the United Nations.
The heavy program of reform required by the banking royal commission will dominate Treasury's work and broader operating environment, according to the latest corporate plan.
APRA intends to lift its game over the next four years, armed with a bigger budget and a better relationship with ASIC.
The Association of Superannuation Funds of Australia has made a data-driven pitch for the 12% super guarantee in its latest report.
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