Treasury (103 items)

Treasury officials have warned the federal government that the Hayne royal commission into banking misconduct could have a negative impact on consumer demand. read more

The Treasurer has suggested that past lapses by APRA and ASIC are issues that will be delved into by the Royal Commissioner "at some point in time". read more

The Federal Court has found that credit repair business Malouf Group Enterprises Pty Ltd and its director Jordan Malouf breached the Australian Consumer Law by making false and misleading representations and by engaging in unconscionable conduct. read more

Federal Treasurer Scott Morrison is ready to push the major banks another step of the way towards comprehensive credit reporting regime. read more

The long anticipated Banking Royal Commission into Australia's banks and other financial services firms, with a particular focus on misconduct, will become reality before the current year is over. read more

A Senate committee on Friday called for the Banking Executive Accountability Regime to be delayed. read more

The recent decline in the unemployment ratio may be a worrying trend for those with a fix on a natural rate of unemployment. read more

The mutuals sector could be about to enter a new era of competitive funding – if the recommendations made as a result a review into how to support cooperatives, mutuals and member-owned firms in Australia are backed by appropriate legislative changes. read more

Gregory Hammond's report into how to free up mutuals to take on a wider choice of funding options was met with widespread acclaim by major players in the mutuals sector. read more

The Federal Government is on track to collect A$1.55 billion in the current financial year through its controversial wholesale funding levy, but the net additional tax take from the four major banks and Macquarie will be substantially less than expected. read more

Another non-major bank has called for early adoption of comprehensive credit reporting, accusing the big banks of holding back sharing of customer data for as long as possible for their own advantage. read more