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Feb 12 2019
A non-major bank has reported a slight growth in its residential mortgage lending portfolio in H1 FY19 against the backdrop of a “challenging” environment.
Feb 12 2019
Non-bank mortgage provider Resimac has announced it will group credit bureau listings as single ‘credit events’ to make applying for a mortgage easier.
Feb 12 2019
AFCA has announced the appointment of a former Victorian Small Business Commissioner as its first dedicated small business ombudsman.
Feb 11 2019
The federal government has announced it will “take further action” to compensate customers affected by historical misconduct, including by awarding $30 million in compensation to 300 ...
Feb 11 2019
Commissioner Hayne’s recommendations do “less than the bare minimum” to protect and educate Indigenous Australians, a not-for-profit financial literacy foundation has criticised.
Feb 8 2019
Organisational culture, governance and remuneration arrangements are interconnected, so failings in one area could impact the others, according to Commissioner Hayne.
Feb 8 2019
The financial services group has realigned its leadership team to “drive transformation”.
Feb 7 2019
The chairman and the chief executive officer of a major bank have announced that they are to leave their roles following criticism from the banking royal commission.
Feb 7 2019
The Coalition government has announced that it will conduct an “immediate” review of financial counselling services.
Feb 7 2019
It is increasingly likely that the next move to the official cash rate would be a cut, the central bank has conceded, despite its recent persistence that the next move would be up.
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