NAB gets APRA tick for 86 400 buy itnews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itnews.com.au Daily Mail and Mail on Sunday newspapers.
The eye-watering prices have prompted predictions that financial regulators may step in to place restrictions on lending â as happened previously when the housing market was hot.
In March, ANZ economists predicted regulators could step in by the second half of the year to curb lending in a bid to stop the market from overheating. To date though, the Reserve Bank and Australian Prudential Regulation Authority have remained on the sidelines.
The Apra chair, Wayne Byres, cautioned in March the financial regulator did not have a mandate to target house prices, or housing affordability, and there did ânot seem cause for immediate alarmâ.
iSignthis Ltd (ASX:ISX) Graeme Samuel AC Appointed to the Board of ClearPay
Graeme Samuel AC Appointed to the Board of ClearPayMelbourne, April 27, 2021 AEST (ABN Newswire) - NSX Limited (
ASX:NSX) announces that the Board has appointed Professor Graeme Samuel, AC as a non-executive director effective 27th April 2021. Professor Samuel will also join as a non-executive director of NSX s wholly owned subsidiary, the National Stock Exchange of Australia Limited ( NSXA ) once the required procedures are complete in accordance with NSXA s Australian Market Licence and NSXA has received ASIC s no-objection to the appointment.
Professor Samuel will bring substantial business and regulatory acumen in public policy to NSX. Professor Samuels will also be appointed to the board of ClearPay Pty Ltd, the 41% NSX / 59% iSignthis Ltd (
NSX Ltd (ASX:NSX) Director Appointment - Graeme Samuel AC
Director Appointment - Graeme Samuel ACSydney, April 27, 2021 AEST (ABN Newswire) - NSX Limited (
ASX:NSX) announces that the Board has appointed Professor Graeme Samuel, AC as a non-executive director effective 27th April 2021. Professor Samuel will also join as a non-executive director of NSX s wholly owned subsidiary, the National Stock Exchange of Australia Limited ( NSXA ) once the required procedures are complete in accordance with NSXA s Australian Market Licence and NSXA has received ASIC s no-objection to the appointment.
Professor Samuel will bring substantial business and regulatory acumen in public policy to NSX. Professor Samuels will also be appointed to the board of ClearPay Pty Ltd, the 41% NSX / 59% iSignthis Ltd (ASX ISX) owned entity, which has been established to bring competition to the Clearing and Settlement sector presently monopolised by the ASX Ltd (ASX ASX). He has specialist expertise i
One in three young Australians are relying on the bank of mum and dad to get into the housing market as prices surge.
Saving up for a 20 per cent mortgage deposit is a logistical challenge with Sydney s median house prices in March surging by 4.3 per cent to a record $1.112million.
National property prices last month climbed by 2.8 per cent, the fastest monthly pace since October 1988, to $614,768, CoreLogic data showed.
Even the mid-point price for a house or apartment in Australia is a stretch for someone earning an average, full-time salary of $89,000.
Little wonder younger Australians are turning to their parents with 32 per cent of first-home buyers relying on the bank of mum and dad to either fund a mortgage deposit, service a loan or cover the full purchase price, a Finder survey of 1,028 property newcomers found.