APRA
Banks told to ignore student debt when weighing up home loans
Millions of Australians collectively carrying more than $43 billion in student debts have faced problems getting a mortgage. Now they may have a chance to buy a home.
- Shane Wright
Latest
Parties, picnics: Watchdog probes what Cbus spent on CFMEU
The financial regulator has launched another investigation into embattled superannuation giant Cbus over its expenses bill.
- Sumeyya Ilanbey
Secret report reveals super fund’s cosy culture with CFMEU
A review into the culture of the construction industry super fund, commissioned in 2015, has finally seen the light, and it says the fund was too closely linked to the disgraced CFMEU.
- Sumeyya Ilanbey
- Exclusive
- Superannuation
Union boss denies misusing position as super fund board director
Long-serving union secretary Michael O’Connor is facing a court-sanctioned ban as a super fund director after APRA sued him last year.
- Sumeyya Ilanbey
How super funds are spending your money
Australian super funds’ expenses swelled to almost $13 billion last financial year, including a $500 million splurge on an advertising and sponsorship blitz.
- Sumeyya Ilanbey
‘Serious issues’: ANZ to learn its fate over governance scandal by mid-year
ASIC chair Joe Longo said the probe into allegations ANZ traders manipulated the bond rate was one of the most complex investigations the regulator had undertaken.
- Sumeyya Ilanbey
- Exclusive
- Superannuation
Messages show how powerful union slugged workers’ retirement savings
When a $2.4 million contract between the CFMEU and industry fund First Super was up for renewal, a long-serving union secretary allegedly saw a profitable opportunity.
- Sumeyya Ilanbey
Wayne Swan defends controversial CFMEU appointments to Cbus board
The super giant’s chairman was hauled before a Senate committee, where he was grilled over the governance failings engulfing the embattled fund.
- Sumeyya Ilanbey
$27 billion blowout as Chalmers admits budget sinking further into red
The nation’s finances will be a key battleground at next year’s election. New figures suggest the budget bottom line is getting much worse.
- Shane Wright
Cbus board appointments prompts tough talk from APRA
The regulator has raised doubts over whether Cbus has completed the necessary processes under its licence conditions, after the fund said three CFMEU-linked directors had passed a fit and proper persons test and would be appointed to its board.
- Sumeyya Ilanbey
Original URL: https://www.watoday.com.au/topic/australian-prudential-regulation-authority-jl7