ASIC and the RBA asked ASX to issue a special audited report detailing arrangements to ensure the stability, security and resilience of the existing CHESS system.
December 16, 2022ASX will write off about A$250mn in capitalised software, in response to an independent review by Accenture. ASIC and the RBA express disappointment.
November 17, 2022Australian Treasurer Jim Chalmers suggested that inflation could worsen and more rate hikes could come.
June 9, 2022The RBA's Philip Lowe, ASIC's Joe Longo and APRA's Wayne Byres are calling additional regulation to protect consumers from risks associated with the crypto sector.
March 18, 2022RBA governor Philip Lowe suggests the central bank plans to maintain rather than shrink the size of its balance sheet.
February 6, 2022The official cash rate is expected to remain at 0.1 for three years. The RBA will also buy A$100bn of government bonds over the next six months.
November 4, 2020The changes will require banks to decrease their holdings of private sector liquid assets in favour of buying more government debt.
September 9, 2020ASIC has decided not to appeal the dismissal of its responsible lending case against Westpac; instead it will review its existing guidance and recommend legislative reforms.
July 23, 2020APRA's Wayne Byres and the RBA's Philip Lowe said buffers were built up to be used in times of stress, and lower capital ratios are both expected and appropriate.
May 22, 2020Australian banks are well-capitalised and have the ability to pay dividends, says RBA governor Philip Lowe. ANZ, Westpac and NAB are reportedly engaging with APRA on the issue.
April 23, 2020