Debelle cracks it over 'crunch'

Overblown discussion of a "credit crunch" is misplaced, said RBA deputy governor Guy Debelle yesterday in a spirited analysis of APRA's "various measures put in place to address the risks around housi.. read more

Many over-committed on consumer debt

Close to one in five of financial difficulty assistance applications come from customers who are over-committed, the Banking Code Compliance Monitoring Committee has found. read more