Why are insurance premiums on the rise?
Premiums for car, home and home contents insurance have been on the rise — and for many households, they're...
READ MOREAPRA backs banks’ right to profits
The banking regulator has backed the banks’ right to make a profit and take enforcement action when borrowers can’t repay loans, in a powerful defence of the industry delivered to the Hayne royal commission.
The Australian Prudential Regulation Authority has also reminded Commissioner Ken Hayne that sometimes tough decisions have to be made by the banks to protect depositors and ensure the financial stability of the Australian economy.
Read the full article at the Australian Financial Review.
Previous
Accountants fear impact of ATO outages this tax time
Next
Employee catch-ups a mental health factor in accounting
Financial reform could fund better outcomes for the Sustainable...
The world is at a crossroads as progress on SDGs falters. A drastic but necessary overhaul of the credit rating system...
READ MORE
Small businesses criticise ‘unfair’ payday super changes
The seven-day payment window and closure of the ATO’s clearing house are expected to disproportionately impact...
READ MORE