mortgage

Banking on the ACCC

February 6, 2019 | 0 Comments

As the banking world digests Commissioner Hayne’s report, we look at what the Banking Royal Commission might mean for the ACCC....

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With housing affordability remaining a persistent headline issue, and following sustained regulatory scrutiny into Australia’s financial system generally, the ACCC’s preliminary findings on the pricing of residential mortgage products have been highly anticipated by borrowers...

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The ACCC will monitor residential mortgage pricing and the extent to which banks seek to pass on the costs of the Federal Government’s proposed bank levy...

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The Turnbull Government’s second Budget gives the ACCC new funds for new jobs, hikes ACL penalties and introduces measures for more competitive and fairer energy and banking sectors....

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