Page 8 - Wayne Byres News Today

In a speech at the Trans-Tasman Business Circle Meet the regulators event, APRA chair Wayne Byres said to expect the performance of super trustees to continue to be the subject of intense scrutiny.

The legislation will take effect from next week. APRA chair Wayne Byres said the incoming Retirement Income Covenant (RIC) - which will require superannuation trustees to plan and outline a retiremen

APRA chair Wayne Byres has told super trustees to brace for “some rough seas” ahead. Speaking at a Trans-Tasman Business Circle event, Wayne Byres said the performance of superannuation trustees

The financial watchdogs have remained wary of risks to the housing market as cash rate rises flow through to mortgage customers. A new quarterly statement from the Council of Financial Regulators (whi

Banks will need to include buy now, pay later and higher education debts when reporting debt-to-income ratios to the regulator from September, APRA has said.

The Australian Prudential Regulation Authority (APRA) has clarified whether home loan providers should include debt accrued through buy-now-pay-later schemes when assessing a borrowers debt-to-income ratio.

Fintechs announce merger.

Westpac chief executive Chris de Bruin said though higher rates would cause difficulties for some people at the margin, the vast majority of consumers and businesses could handle the increases.

Australia and New Zealand Banking Group Ltd (ASX: ANZ) is forging ahead with its stablecoin rollout, A$DC. Here’s the latest...

Banks will hold repayments steady if customers are ahead on repayments, raising questions about the ‘transmission mechanism’ as customers’ budgets don’t change.