Climate change risk increasingly important in finance
Annie Kane
Financial regulators worldwide are increasingly focusing on climate change risks and disclosure reporting in finance, with the trend expecte...
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APRA changes to limit pull of ‘riskier’ non-banks
Non-banks have hit back at “unfounded” claims from the CEO of an industry association, who has suggested that under APRA’s proposed ch...
FHB scheme could ‘morph’ into grant
The government’s low-deposit home loan scheme for first home buyers is “not a game changer” but could evolve over time if budgetary tr...
Maurice Blackburn to spearhead AMP class action
The NSW Supreme Court has selected Maurice Blackburn as the legal firm to take forward a shareholder class action against AMP.
Moody’s fears ‘resurgence’ of ‘excessive’ mortgage growth
APRA’s proposal to loosen serviceability measures could reignite the credit boom, Moody’s has said, amid growing expectations that the m...
Homes lingering on market for longer
The median time on market for a residential dwelling has almost doubled, reflecting subdued demand for housing amid falling property prices,...
Major banks endorse UN’s responsible banking principles
NAB and Westpac are among the 56 banks to endorse the United Nations’ Principles for Responsible Banking that will be launched in September.
Pepper, Mortgage House RMBS issuances get rated
Standard & Poor’s has assigned definitive ratings to the latest residential mortgage-backed securities issuances of Mortgage House and Pepper Group.
CBA weaknesses ‘not unique’ in industry: APRA
The prudential regulator said the self-assessments carried out by financial institutions have shown that CBA is not the only one in the indu...
Financial literacy ‘not a substitute’ for regulation
The chair of a European-based financial regulator has defended ASIC’s new regulatory remit in response to suggestions that a renewed focus...
