Banks may make it harder for consumers to get car loans, credit cards and personal loans under proposed rules from the corporate regulator.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Consumer crunch: Banks set to crack down on credit cards, car loansBanks may make it harder for consumers to get car loans, credit cards and personal loans under proposed rules from the corporate regulator.
Read more »
Australian farmers worst hit by big banks: whistleblower | Sky News AustraliaFarm debt mediation is just one of many of the Banking Royal Commission recommendations whose implementation should be prioritised, says former Commonwealth Bank employee-turned-whistleblower Jeff Morris. \n\nMr Morris told Sky News Australian farmers have been most negatively impacted by the banking sector and ‘this modern style of crash bang banking’ \n\nHe has urged the government, together with banks, to take immediate action. \n\n\n\n\n\n\n\n
Read more »
Home loan details of 100,000 customers hacked in major data breachThe nation's biggest banks are scrambling to contact customers who may have been caught up in a major data breach at one of the country's largest property valuation firms | msccummins
Read more »
House prices to fall if lending laws changed, experts warnMooted changes to laws governing the way banks assess home would have a significant impact on the banking industry and possibly the economy, experts say | sdanck
Read more »
Senate banking inquiry launched after banking victims complain of 'kick in the guts'The big four banks will face another Parliamentary inquiry in the immediate aftermath of the banking royal commission | ErykBagshaw
Read more »
Senate banking inquiry launched after banking victims complain of 'kick in the guts'The big four banks will face another Senate inquiry in the immediate aftermath of the banking royal commission.
Read more »
House prices to fall if lending laws changed, experts warnMooted changes to laws governing the way banks assess home would have a significant impact on the banking industry and possibly the economy, experts say.
Read more »
Bowen urges Coalition to legislate banking royal commission reforms | Sky News AustraliaMEDIA CONFERENCE: Shadow treasurer Chris Bowen has called on the government to extend parliament’s sitting schedule to pass the ‘straightforward’ recommendations from the royal commission.\n\nCommissioner Kenneth Hayne's final banking royal commission report contained stricter penalties for negligent mortgage brokers and greater oversight of financial advisors, among other proposals.\n\nThe Coalition has agreed in principal to the majority of the 76 recommendations contained within the report.\n\nParliament is scheduled to sit for ten days before the election is due to be held in May.\n\nMr Bowen told reporters in Canberra that Labor is prepared to sit for longer to ensure bipartisan recommendations can be ‘quickly legislated.’
Read more »