Tracing the Economic Impact Roy Morgan Update: March 2021 roymorgan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from roymorgan.com Daily Mail and Mail on Sunday newspapers.
Whose job is it to douse this home price bonfire? Actually, nobodyâs
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March 11, 2021 â 12.00am
March 11, 2021 â 12.00am
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Some conflagrations are so predictable, such an inevitable part of the Australian landscape, that harm minimisation is our only defence â and the earlier we act, the better.
Bushfires, of course, require constant pre-emptive action via hazard-reduction burning to stop things running out of control. Our property market is much the same.
Illustration: Dionne Gain
Credit:The Sydney Morning Herald
Like clockwork, when interest rates fall, Australian home prices skyrocket, engulfing aspiring homeowners in their fiery rage.
Whose job is it to douse this home price bonfire? Actually, nobody s theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.
Allianz whacked for âpersistent and seriousâ weakness
Mar 9, 2021 â 6.44pm
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Allianz Australia has been chastised by the prudential regulator after it was found dragging its heels on fixing âpersistent and seriousâ weaknesses in risk management, with both its top brass and its German parent, Allianz SE, scolded for good measure.
Allianzâs Lori Callahan appearing during the 2018 Hayne royal commission.Â
The Australian Prudential Regulation Authority said a court-enforceable undertaking was necessary to ensure Allianz would stop dithering and finally address problems it has been promising to fix.
âAllianzâs weaknesses in its risk culture, risk governance, and risk management are longstanding,â APRA said in a statement.