New home building ‘facing toughest year in almost a decade’
Annie Kane
The chief economist of a building association has noted that new home building in Australia could be facing its “toughest year in almost a...
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Australians not doing enough to save money, finds report
Most Australians are not taking enough small steps to improve their financial situation despite it being one of the top things they care abo...
Housing slump likely a ‘textbook adjustment’: ANZ
The housing market downturn will not have a spill-over effect on the broader economy if prudential standards are “correctly calibrated” ...
Housing market remains ‘severely unaffordable’
All of Australia’s five major housing markets have been classed as “severely unaffordable”, with its median house price 5.7 times the ...
Banks call for stronger CDR privacy rules
The ABA has told government that the upcoming Consumer Data Right could have a “revolutionary impact” on competition, but privacy should...
NAB succumbs to cost pressures and hikes rates
The major bank has announced increases to its variable owner-occupied and investor home loan interest rates.
Government urged to release RC report next Friday
Shadow Treasurer Chris Bowen has written to Treasurer Josh Frydenberg urging him to release the final report from the financial services roy...
Mitigating tech risks a focus for 2019
Mitigating the systemic risks that could emerge from financial innovation will be a key area of focus for Asia-Pacific regulators this year, Deloitte has predicted.
Banking sector to ‘walk thin line’ post-RC
The financial services royal commission will “undoubtedly” set a new wave of compliance burdens in motion, which could deliver “uninte...
‘Incorruptible’ AI could enhance compliance: CoreLogic
While AI promises to transform the property purchasing and selling process, including compliance, lenders have been “fairly slow” in lev...
