Latest news (24,632 items)

Banks mostly ration RBA rate cut

The Reserve Bank of Australia “is prepared to adjust interest rates again if needed to get us closer to full employment” Philip Lowe, governor of the Reserve Bank of Australia made clear last night. read more

Responsible lending guidance debate

The banking industry is opposed to key parts of ASIC’s proposed overhaul of its guidance on responsible lending conduct, claiming it will disadvantage small financial institutions and new entrants that won’t be able to pay for the technology upgrades required. read more

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