Treasurer Jim Chalmers has called on the bank regulator to loosen its lending rules to make it easier for the Australians with student debt to take out a home loan.
An Australian investment manager has urged the big four banks to continue paying dividends, propping up APRA's suggestion to use underwritten dividend reinvestment plans (DRPs) to meet the needs of the nation's retirees.
The big four banks have been ordered to reduce their dividend payments, which will take its toll on SMSF trustees, super funds, and other income investors.
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