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Nov 22 2019
The corporate regulator has defended its move to appeal the Federal Court’s decision to overturn its responsible lending case against Westpac, amid growing scrutiny.
Nov 22 2019
The chief executive of the major bank is determined to lead the bank’s response to money laundering allegations.
Nov 21 2019
The major bank has agreed to pay $49.5 million to settle a class action brought against it by Slater and Gordon in relation to consumer credit insurance.
Nov 20 2019
A neo-lender has announced that its $50-million debt warehouse program, funded by NAB, is now live and operational.
Nov 19 2019
NAB chairman Philip Chronican has said the bank is intent on recovering lost ground in the home lending space, conceding that it needs to “sharpen its act”.
Nov 15 2019
Australia could see double-digit growth in home values if there were to be no further rate cuts or macro-prudential curbs on residential lending, according to market predictions released by ...
Nov 15 2019
Data from the Australian Bureau of Statistics on new housing credit has shown a sharp rise in the value of home loan commitments driven by a record rise in owner-occupied lending.
Nov 13 2019
The major bank has admitted to breaching the NCCP in more than 85 per cent of the 297 alleged contraventions regarding introducer-originated home loans.
Nov 13 2019
The major bank has released a trading update for the first quarter of the 2020 financial year, posting an 8 per cent decline in its cash net profit amid a “challenging operating environment”
Nov 13 2019
The major bank has officially opened the second phase of its capital raise following the completion of its institutional share placement.
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