While you are here, don’t forget to watch one of our two recent webinars that are available on demand to members. While QIC Chief Economist Matthew Peter isn’t predicting a recession, but ANZ’s New Zealand’s Chief Economist Sharon Zollner suggested another two rate hikes are likely. Both webinars are available on demand here.
IMF
Mission statement recommends further tightening
RBA
Emerging financial stability threats for the next decade
Understanding how the economy evolves in response to different kinds of macroeconomic shocks
ASIC
Some licensees may not be complying with the reportable situations regime
One hundred individuals prosecuted for failing to assist registered liquidators
APRA
Fortune favours the brave in Super
Additional $20m capital requirement to RAC Insurance
Response to consultation on amendments to capital adequacy reporting standard
AUSTRAC
Entities who need to enrol with AUSTRAC have until 9 November to avoid increasing penalties
Virtual kidnappings phenomena has cost students up to $500,000
ABS
Dwellings approved fall 4.6% in September after August gains
Living costs rise fastest for employee households
Overseas-born population grows to 29.5% in 2022
Transport contributes $164b to GDP
ATO
In-the-dark influencers and content creators urged to register for GST
How Australia exchanges financial account information with foreign jurisdictions
AFCA
Complaints from consumers and small businesses up a third year-on-year
Deep dive into the data about financial firms with four or more complaints
ACCC
New NBN regulation will promote competition and long-term interests of Australians
Jeep distributor to improve complaints handling for consumer guarantee claims
NEW ZEALAND
NZ Stats
Annual wage cost inflation at 4.3% in September - unchanged from last quarter
Seasonally adjusted unemployment rate 3.9% in September – up 0.3%
Household living costs increase 7.4%
RBNZ
Financial system still adjusting to higher interest rates
FMA
Climate-related Disclosures – Scenario analysis information sheet
Reminder of importance of cyber-resilience for financial service providers
