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OECD warns Australia to prepare contingency plans for a ‘severe collapse’ in the housing market
Australias regulators have been warned to prepare contingency plans for a severe collapse in the housing market that could lead to a crisis situation in one or more financial institutions. The Or...
Reserve Bank of Australia touts financial system's under-appreciated resilience
Housing bears are famous for hearing what they want to hear. And last week Reserve Bank deputy governor Guy Debelle made it very easy when he dared to suggest that quantitative easing was a policy ...
Is Australia locked in a downward spiral?
and that might be enough of a shock to lift the Australian economy out of a downward spiral. So will the RBA cut Will we get to a disaster footing Its worth remembering that recessions and global f...
There’s an ‘idiotic’ hole in the Australian Financial Complaints Authority’s bucket
As the royal commission reviews the failings of mortgage brokers a fresh loophole in the new consumer protection regime allows hundreds of mortgage brokers across the market to operate outside the sy...
Australian Financial Complaints Authority Secures New Digs
The newly-created Australian Financial Complaints Authority has secured its first digs at Charter Halls 700 million Wesley Place taking 7600sq m at 130 Lonsdale Street in Melbournes CBD. AFCA has ...
Fahour denies bowing to union pressure to sack Australia Post executive
After the phone call from Mr Metcher Australia Post shut down Project Dove and moved Mr Newton to another role before he ultimately left the company. None of the unions threats materialised. Ahmed F...
Australia's alternate finance sector second-highest in APAC
Australias burgeoning alternative finance alt-fi scene has been making waves in the last couple of years and now has the second-highest level of income in the industry in the Asia-Pacific APAC re...
Australia should plan for worst-case housing falls: OECD
Australia must be prepared for a hard landing in the housing market that could cause financial instability and hamper economic growth a global forum has warned. The market has started to cool ...
Australian home loan lending lifts unexpectedly
The value of Australian home loan lending bounced unexpectedly in October led by a surge in finance for owner-occupier buyers. Excluding refinancing the value of owner-occupier finance jumped by 4.8 ...
The Australian dollar continues to slide
Australian home loan data for October will be released today. The performance of Chinese financial markets is likely to be influential on broader sentiment during the Asian session. The Australian dol...
5671.0 - Lending Finance, Australia, October 2018
The ABS is combining Housing Finance Australia 5609.0 and Lending Finance Australia 5671.0 into a single simpler publication called Lending to Households and Businesses Australia 5601.0. An ...
Terror finance fears spark remittance services store closures
The anti-money laundering regulator has shut down two western Sydney-based remittance services shops owned by an Iraqi-Australian out of concern the non-compliant companies were vulnerable to being us...
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