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CBA CFO resigns with immediate effect

The major bank has announced that its chief financial officer has stepped down, as the “renewal” of its executive team continues.

mortgagebusiness
ANZ appoints new deputy CEO

ANZ has announced that its group executive for wealth has been promoted to replace the major bank’s outgoing deputy chief executive who is retiring after 27 years.

mortgagebusiness
Analysis: Hayne, citizenship saga take shine off 2018 budget

Every year, the federal budget whips journos into a ritualistic frenzy of anticipation that I still find odd. This year’s edition proved to be pretty dull reading.

mortgagebusiness
Customers most satisfied with non-majors

New research has revealed that customer satisfaction is highest for non-major banks, with the big four all scoring below-average results.

mortgagebusiness
CBA pays $5m penalty in BBSW settlement

Commonwealth Bank will acknowledge that it “attempted to engage in unconscionable conduct” and will pay a penalty of just $5 million as part of an in-principle settlement over alleged Bank ...

mortgagebusiness
Majors tipped to hike rates further

The profit results of the big four banks have shown that rate hikes, despite being unpopular among customers, are delivering great outcomes for lenders.

mortgagebusiness
Westpac slams ‘incorrect’ PwC mortgage report

The major bank has defended its mortgage process and told analysts that any conclusions made about the PwC report prepared as part of APRA’s targeted review are “likely to be incorrect”

mortgagebusiness
LATEST PODCAST: Damning allegations, cultural changes and new faces in lending

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Damning allegations, cultural changes and new faces in lending
Suncorp introduces payments via Apple Pay

Suncorp is the latest bank to offer customers the ability to make payments via Apple Pay.

mortgagebusiness
Former CBA boss becomes chair of AMP

AMP Limited has announced that a former CEO of CBA will join the AMP board as chairman after the upcoming 2018 annual general meeting.

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