The chief executive of a non-major bank has said “consumers will ultimately be the losers” if regulators don’t take action to level the playing field in the banking sector
APRA has warned that Australian banks are ill-prepared to recover from a financial crisis
The International Monetary Fund’s managing director says that the Reserve Bank can put a ceiling on rising house prices without increasing the official cash rate – by enforcing limits on lending
Australia is amidst a severe property bubble and it can’t be ignored, warns Lindsay David, the author of Australia: Boom to Bust. But not everyone is worried.
David Murray has again warned banks about complacency, and says his Financial System Inquiry needs to ensure banks are ready for an inevitable market correction
The interim report of The Financial System Inquiry has re-opened the debate over the independence of aggregators and brokers, and an industry leader has claimed this independence could be under threat