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APRA extends crisis loan deferrals for banks

The prudential regulator has paved the way for banks to give customers an extra four months’ repayment holiday on their loans, extending ...

by Sarah Kendell

more stories

  • Markets in the eye of the storm as second wave rises

    Investors have likely not seen the worst of the COVID market sell-off, with the second wave impacts of the virus tipped to drive worse decli...

    by Sarah Kendell
  • RBA makes July rate call

    The RBA has announced its latest decision on interest rates as September’s “fiscal cliff” looms large. ...

    by Lachlan Maddock
  • Afterpay soars on COVID boost

    Afterpay has reported surging growth and record global sales performance as its share price continues to stage a massive comeback from the d...

    by Lachlan Maddock
  • Economy held together by ‘lots of sticky tape’

    Australia may have already seen the worst of its recession, but will suffer from a “toxic trio” of debt, high unemployment and low confi...

    by Lachlan Maddock
  • Virus crisis pushes 1m out of work

    More than a million Australians have lost their jobs since the start of the coronavirus crisis and 10 per cent of the labour force are worki...

    by Sarah Kendell
  • ISA blasts early super wipeout

    ISA has warned that the early release scheme will surpass government forecasts and leave a generation “languishing” on the pension schem...

    by Lachlan Maddock
  • Compensation firm slams AMP’s ‘arrogance’

    A major compensation law firm has slammed AMP for claiming class actions against it are the fault of Australia’s litigation system, saying...

    by Sarah Kendell
  • IPO Wealth set for liquidation

    The “tourism mecca” may be no more as IPO Wealth has had liquidators appointed following a bloody court battle. ...

    by Lachlan Maddock
  • Wealth manager cops fine for trading breaches

    A global wealth management firm has been slapped with a $75,000 fine from the corporate regulator for breaching trading rules around on-mark...

    by Sarah Kendell

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