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18 October 2019 • By Adrian Flores • 1 min read

‘I don’t want to create a police state’: ASIC chair

ASIC chair James Shipton has highlighted the role of professionalism in financial services as it adopts new product intervention powers, saying he ...

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APRA concedes to IOOF judgement

APRA has chosen not to appeal the Federal Court decision to dismiss its court action against IOOF, which alleged the wealth giant had failed to act in ...

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Raised NZ capital could slash bank dividends

The risk of dividend cuts across three of the big four banks has risen, an analyst has warned, following APRA’s latest proposals for higher regulatory ...

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APRA pushes higher capital for banks

APRA has launched a review into the capital treatment of the major banks’ investments in their banking and insurance subsidiaries, following higher ...

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Government unleashes mortgage inquiry on banks

The government has directed the Australian Competition and Consumer Watchdog (ACCC) to investigate the banks’ mortgage pricing, following Treasurer ...

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ASIC warns consumers against SMSFs

ASIC has urged investors to be careful in establishing self-managed superannuation funds (SMSFs), declaring many Australians set up funds that are ...

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APRA blasts capped pay complaints

APRA has dared financial institutions bitter about tightened remuneration standards to produce alternative solutions for cultural and governance ...

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Could helicopter money save the Australian economy?

The Australian economy might need more than quantitative easing to improve its outlook, with some investors and academics suggesting a ‘direct ...

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CommInsure charged with hawking offences

Life insurer CommInsure has been charged with 87 counts of offering to sell insurance products in the course of non-compliant unsolicited telephone ...

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Former NAB adviser jailed for three years

A former NAB adviser has been sentenced to three years imprisonment after he was charged by the District Court of NSW earlier this year for numerous ...

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