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Showing 1 - 10 of 50 results for "Lower House"

ASIC, APRA issues more FAR guidance

KARREN VERGARA  |  MONDAY, 11 MAR 2024
APRA and ASIC have released more information about the Financial Accountability Regime (FAR) in preparation for the March 15 launch date. The regulators unveiled several key materials for the financial services sector, which were under consultation ...

No bubble risk in Sydney housing market: UBS

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
Despite a price correction since the highs of 2020 and 2021, Sydney's housing market remains overvalued but is not at risk of a bubble, says UBS. The UBS Global Real Estate Bubble Index ranks Sydney at 16th of 25 international cities in terms of housing ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
The Financial Accountability Regime (FAR) passed the upper and lower houses of parliament yesterday, more than four years after it was first introduced. The Financial Accountability Regime Bill 2023 will apply to the banking industry six months after ...

Government housing measures progress

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... the Senate, along with our legislation to establish the $10 billion Housing Australia Future Fund, which passed the lower house last night." The key bill being Future Fund, aims to help tackle Australia's housing crisis by securing ongoing funding ...

Don't call it a comeback: APRA on IDII

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
There may well be a light at the end of the individual disability income insurance (IDII) tunnel, but there's still a way to travel before the end is reached, according to APRA. Analysis of data to September 2022 shows IDII enjoyed a run of favourable ...

What the election result means for ESG

CASSANDRA BALDINI  |  FRIDAY, 27 MAY 2022
... responsible investment group Joey Alcock said whether the Albanese government can secure a majority of seats in the lower house or not, the message delivered on climate change importance is very clear. "We have been advocating for an increase in both ...

One in four Aussies have no super account

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
A new survey conducted by Finder has revealed that one in four Australians do not have a superannuation account. Finder surveyed 1004 Australians, finding that 24% - approximately 4.6 million people - have no super account. The research found that of ...

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
... restrictions on foreign purchasers or whatever, expectations matters more. Expectations of falling house prices beget even lower house prices. This is because would-be homebuyers and property investors would sit and wait for even cheaper prices thereby ...

Fossil fuelled Ireland to divest for climate change

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
... become the world's first country to divest from fossil fuels. On July 12 lawmakers in the nation's Dail Eireann - the lower house of parliament - passed a bill requiring the Irish government to sell off any interests in coal, oil, gas and peat held via ...

Chief economist update: Hostage to speculations

BENJAMIN ONG  |  FRIDAY, 16 MAR 2018
... 0.03%) in early March after financial markets interpreted BOJ Governor Haruhiko Kuroda's testimony before Japan's Lower House as a prelude to exit...by fiscal year 2019. Perhaps, Kuroda's words were lost in translation. But Japan Times quoted Kuroda ...
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