Andrew Leigh says responsible lending reforms show federal failure on productivity; the superannuation industry celebrates Susan Ryan; and Me Bank offers first home buyers discounted lenders insurance.
RBA warns coronavirus 'shadow' could last years; the legislated rise in the superannuation guarantee is again hotly debated as the Retirement Income Review report approaches; and BoQ admits small business loans were unfair.
Westpac breaches not deliberate; ACCC pushes toward July 1 open banking deadline for major banks, extends deadline for smaller ones; and the NPP announces committee to consider the consolidation of domestic payments schemes.
Economics committee finds ME Bank's redraw grab is nothing new; government and opposition butt heads over FASEA legislation; and legislation for permanent tax relief for merging funds passes unamended, pleasing super funds.
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