A new KPMG report shows impaired asset expenses rose by over 700%
High-LVR borrowers would be charged a low equity margin on special rates
FMA says sentence reflects "egregious harm" caused by adviser
Banks have not yet taken a flexible approach despite the removal of LVR restrictions
It aims to tap into the growing home equity release market
"The broad picture is a very severe economic downturn"
Its initial reaction to the COVID-19 interruption "has been uneventful"
It aims to help members assess their retirement funds
The hub offers advice, information and tools to help navigate COVID-19
It could be a strong signal to investors as mortgage interest rates were expected to remain low for some time
The appointment reflects the bank's contribution to the industry