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APRA gets $59m boost, reappoints Byres

The government has committed $58.7 million to “strengthen” APRA’s enforcement powers after the regulator was criti...Read More
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Melbourne Cup nearly halves consumer spending

Consumer spending falls by 42 per cent during the Melbourne Cup race, according to data from Commonwealth Bank. Read More
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ACCC chair reappointed until 2022

The federal government has announced that the ACCC’s Rod Sims will maintain his chairmanship for another four years. ...Read More
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AMP Bank cuts fees for ‘simplicity’

The bank has announced that it is removing or reducing 20 fees across its deposit and lending products. Read More
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CGT hike counterintuitive to housing affordability: HIA

Increasing capital gains tax on rental homes will ultimately drive up house prices and “exacerbate” the nation’s a...Read More
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RateSetter to deliver CEFC loan scheme

The peer-to-peer lender has been commissioned to deliver the CEFC’s $100 million loan financing scheme in South Austra...Read More
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Perpetual launches mortgage market warning signal

A cloud-based analytics platform that can provide early warning signs of issues in the mortgage market has been released...Read More
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Emerging lender signs on to open banking API

Imminent lender 86 400 has signed an agreement with an open banking API specialist to power its platform. Read More
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$5.35m in super released to FHBs

More than $5 million in superannuation has been released to first home buyers under a scheme first announced in the 2017...Read More

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