NEWSLETTER: Banking Sector – Issue 105

16 June 2022


Welcome to the latest issue of our Banking Sector Newsletter.

Treasurer Jim Chalmers, has said cost-of-living solutions will be a key focus in Labor’s first budget. Speaking at the inaugural Australia’s Economic Outlook event on June 8, Mr Chalmers acknowledged that the country was facing major challenges in the lead-up to the budget including higher petrol prices, wholesale electricity prices and east coast gas prices. Echoing the views of the Reserve Bank and Treasury, the Treasurer said he expected inflation to rise significantly higher than the 5.1 per cent increase seen during the March quarter.

The Australian  Financial Security Authority (AFSA) has published a range of case studies to showcase examples of best practice in the insolvency sector. The case studies illustrate how insolvency practitioners and industry bodies have demonstrated best practice in culture, integrity and moral compass through the matters they have handled.

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