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29 November 2018 • By James Mitchell • 1 min read

AfterPay, zipPay in ASIC crosshairs 

ASIC has found that ‘buy now, pay later’ arrangements are influencing the spending habits of younger consumers. A buy now pay later arrangement ...

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NAB chair says two-strikes wouldn’t pass now

NAB chair Ken Henry has said corporate accountability law, the two-strikes rule, would not pass in current circumstances as it forces company ...

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APRA responds to ADI submissions

The prudential authority has responded to industry submissions on the introduction of a leverage ratio requirement for ADIs.  In February this ...

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Tax experts respond to negative gearing proposal

Tax experts have confirmed that Labor’s proposed changes to negative gearing will add a further degree of complexity to the tax system

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Regulator grilled over unwillingness to litigate

The corporate regulator’s response to misconduct involving the major banks has been brought into question by the financial services royal commission

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Grattan Institute calls Labor franking credit changes fair

The Grattan Institute has labelled Labor’s proposed changes to the franking credit refund scheme as a fair way to address the budget.  In the ...

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Bank bosses ‘believed in own immortality’

Former treasurer Peter Costello believes that the success of the Australian banks through the Global Financial Crisis may have been a factor in how ...

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Frydenberg hints at RC outcomes

Treasurer Josh Frydenberg has revealed the four key issues that the government will consider in its response to the royal commission. Josh ...

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No evidence to back up Livingstone’s claims

Commonwealth Bank chair Catherine Livingstone insisted she had challenged the bank’s regulatory report despite there being no evidence of her doing so

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CBA chair defends Comyn promotion to CEO

CBA chair Catherine Livingstone has said the bank’s appointment of Matt Comyn as CEO sent the right message about its tolerance of failings within the ...

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