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07 April 2021 • By Lachlan Maddock • 1 min read

‘The banks think that no one is watching’

A survey of staff from Australia’s largest financial institutions shows that banking culture has only festered since the excoriating experience of the ...

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RBA makes April rate call

The RBA has made its latest decision on monetary policy as house prices skyrocket and bond yields rise.  The RBA has left interest rates on hold at ...

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Binary options banned for retail clients

ASIC has made a product intervention order banning the issue and sale of binary options to retail clients, after they were estimated to cause losses ...

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APRA moves against Macquarie

APRA has hit Macquarie Bank with liquidity and risk capital requirements in response to “multiple material breaches” of prudential and reporting ...

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ASIC takes big four bank to court

ASIC has commenced civil penalty proceedings against CBA, alleging that it charged millions in fees it was not entitled to.  ASIC alleges that ...

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ASIC drops criminal charges against Caddick

ASIC has withdrawn its criminal charges against alleged fraudster Melissa Caddick, as the circumstances around her disappearance remain a mystery

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ASIC CFD product intervention takes effect

The regulator’s product intervention order imposing conditions on the issue and distribution of contracts for difference (CFDs) to retail clients has ...

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Augmented data to beef out APRA heatmap

APRA has completed the first phase of its superannuation data project, with its efforts to amass more granular details on the funds that will back its ...

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APRA denies super benchmarks will shape investment

The prudential regulator has rejected suggestions that the Your Future, Your Super reforms will sway how super funds invest members’ savings

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Continuous disclosure reforms block enforcement, ASIC says

The government’s move to discourage class actions could also make it harder for the corporate regulator to pursue litigation. As declared in ...

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