Regulators keep eye on home loan activity
The Council of Financial Regulators are keeping a watchful eye on home loan activity after criteria for securing a mortgage was tightened earlier this year.
Economy, Business and Finance
Telstra cops huge fine for privacy breach
The communications watchdog has handed Telstra a $2.5 million fine after it failed to protect the privacy and safety of its customers.
Investors batten down for Fed meeting
Investors are waiting to see what the Federal Reserve will do to dampen inflation.
‘Dirty lending’, banker bonuses on agenda
Banks are walking a tightrope at this week's shareholder meetings as some investors denounce fossil fuel financing and others count the costs of past scandals.
Inflation biggest risk to outlook: Westpac
Westpac chief economist Bill Evans says rising inflation pressures pose the biggest risk for the economy in 2022.
India’s Adani eyes renewable energy crown
Mining and energy giant Adani has announced a record green power purchase agreement in India that it says will turbo charge energy transition and manufacturing.
Smaller budget deficits in perkier economy
Treasurer Josh Frydenberg will reveal smaller budget deficits as a result of a rebounding economy when he hands down the midyear review.
Aust has win in sugar dispute with India
Australia's dispute with India over the use of sugar subsidies may have some way to go after Delhi said it would appeal a WTO ruling.