Business
After Xinja’s collapse, the banking regulator is raising the bar for new banks to prevent future failures – Business Insider Australia
Regulator APRA has raised the bar for all future entrants into Australia’s banking sector, following the failure of Xinja.
- Australia’s next wave of neobanks will face even greater obstacles in getting approved, thanks to new licensing changes.
- Updating the requirements on Wednesday, regulator APRA now demands all new banks have a tested “income-generating asset” such as loans…
Continue Reading
-
General17 hours agoElon Musk deletes post claiming Donald Trump is ‘in the Epstein files’
-
General22 hours agoIsrael says body of Thai hostage Pinta Nattapong has been retrieved from Gaza
-
General15 hours agoVance downplays row between Trump, ’emotional guy’ Musk
-
Noosa News11 hours agoElectrify your vehicle, home or business at Noosa’s EV & Electrify Everything Expo