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regulation

15 October 2019 • By Sarah Simpkins • 1 min read

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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APRA announces six new executive roles

The Australian Prudential Regulation Authority has announced a number of new executive appointments. The prudential regulator said the changes to ...

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APRA restructures, switches up leadership team

APRA has made a number of new executive appointments, as part of its new organisational structure with separate supervisory divisions monitoring ...

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ASIC slams industry’s non-financial risk management

ASIC has scrutinised the ability of Australia’s largest financial institutions to manage non-financial risk in a new review, citing fractured ...

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NAB to cough up further $1.18bn remediation

National Australia Bank has provided for additional charges of $1.18 billion after tax for customer remediation and software, which the institution ...

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