Articles

Vesna Poljak| Australian Financial Review| 17 July 2018 https://www.afr.com/markets/rba-on-close-and-careful-watch-of-household-debt-20180717-h12rvq The Reserve Bank of Australia has declared it will remain vigilant around high levels of household indebtedness, leading economists to conclude that the central bank needs to see convincing inflation and growth before considering raising interest rates in 2019. The Reserve Bank conducted a special discussion […]

Charbel Kadib| The Adviser| 17 July 2018 https://www.theadviser.com.au/breaking-news/38009-bank-accreditation-changes-emphasise-broker-training Bankwest’s general manager of third party has said that the bank is putting “extra assets” into training of new-to-industry brokers as well as lifting its accreditation requirements. Speaking to The Adviser on Monday (16 July) after the CBA subsidiary announced changes to its broker accreditation requirements along with […]

Clancy Yeates| Sydney Morning Herald| 11 July 2018 https://www.smh.com.au/business/banking-and-finance/home-loan-crackdown-heavy-lifting-has-been-done-by-banks-says-apra-20180711-p4zqsd.html Australia’s banks have largely completed a long-running campaign to bolster their mortgage lending standards, the financial regulator says, signalling it will not force banks to further slam the brakes on the home loan market. In a speech that played down fears of a credit crunch, Australian Prudential […]

Clancy Yeates| Sydney Morning Herald| 16 July 2018 https://www.smh.com.au/business/banking-and-finance/banks-ramp-up-sharing-of-positive-data-on-customers-despite-concerns-20180713-p4zray.html Banks are on track to address a key “blind spot” in their lending assessments by early next year, as several of the country’s biggest lenders finally prepare to engage with a customer data-sharing regime. The country’s biggest credit bureau, Equifax, said it expected the majority of […]

Annie Kane| The Adviser| 11 July 2018 https://www.theadviser.com.au/breaking-news/37986-broking-profession-a-career-beacon Broking continues to be a “beacon” for those seeking a career change as well as for accountants and other financial services providers, the founder of an education group has said. Dr Mark Sinclair, founder and principal of Mentor Education Group, said that while the finance and mortgage […]

Laura Crommelin, Chris Martin, Laurence Troy| The Conversation| 5 June 2018 https://theconversation.com/airbnb-regulation-needs-to-distinguish-between-sharing-and-plain-old-commercial-letting-97613 Airbnb and other short-term letting websites have been a hot topic of debate for some time. In New South Wales, it seems the state government is on the verge of announcing a new short-term letting policy. Our research suggests about a quarter of […]