Sparse regulatory schedule ahead 24 January 2024 5:13AM Compared with the immediate post-Hayne years, the introduction of new regulation over the coming year is relatively light. read more
Judo calls 'trough NIM' for the June half 24 January 2024 5:00AM Judo Bank released some headline numbers for the December half-year yesterday, ahead of the report of its interim financial results next month, as well as a forecast that its net interest margin will.. read more
Compensation scheme sets levy 23 January 2024 4:40AM Large banks and insurers will pay an initial levy of A$241 million for historical claims to be handled by the new Compensation Scheme of Last Resort. read more
Hardship support not up to scratch 23 January 2024 4:39AM The majority of lenders in the Australian consumer credit market are not giving their customers appropriate hardship support, according to Financial Counselling Australia’s latest Rank the Banks repor.. read more
Change gets underway at the RBA 22 January 2024 4:47AM The Reserve Bank will introduce a number of new procedures and structural changes this year, starting at its monetary policy meeting next month, while other changes recommended by the RBA Review requi.. read more
Non-bank business lenders remain positive as business conditions deteriorate 14 December 2023 4:26AM Non-bank business lenders are finishing the year strongly, with a number of recent capital raising initiatives by lenders operating through managed investment schemes and a recovery in the securitisat.. read more
Business failures up strongly 13 December 2023 5:19AM Almost every industry suffered double-digit increases in the rate of business failure over the past year, with the biggest increases in external administrations in public administration and safety, he.. read more
IRRBB rules to be applied to smaller ADIs 13 December 2023 5:09AM APRA has announced changes to banks’ interest rate risk management rules aimed at reducing the volatility in the Interest Rate Risk in the Banking Book (IRRBB) charge. read more
The year in review: poor financial literacy catches up with us 12 December 2023 4:59AM Australians’ relatively weak level of financial literacy played a part in the difficulties households have had managing the rising cost of living over the past year, with a number of reports highlight.. read more
New payments regulatory framework unveiled 11 December 2023 5:37AM Treasurer Jim Chalmers has followed up the release of draft legislation in October that expands the regulatory coverage of the payments system, with the release last week of a consultation paper that.. read more