Lender

Mar 14 2017

Following ASIC action, the federal court has fined three lenders a total of $730,000 for engaging in a diamond trading ‘sham’.

Mar 14 2017

Fresh figures from the ABS show that the volume of loans for new homes fell back during January, however the HIA emphasises that overall it remains at a “very elevated level”.

Mar 13 2017

The standing committee on economics has insisted during the major bank inquiry hearings that a royal commission would “go a very long way” to restoring public trust in the Australian banking ...

Mar 10 2017

Westpac CEO Brian Hartzer has questioned regulatory intervention that is seeing both ASIC and APRA become increasingly “prescriptive” about how the bank sets its credit policy.

Mar 10 2017

ANZ chief executive Shayne Elliott has given his in-principle support for the public airing of ASIC breach reports and the naming of responsible executives.

Mar 9 2017

The major bank has confirmed its risk appetite for apartment lending after explaining how a crackdown in China’s capital outflows has led to a glut of apartments in some markets.

Mar 9 2017

The number of job advertisements in Australia and New Zealand fell by 0.7 per cent between January and February 2017, but the rate of unemployment is expected to improve later this year, ...

Mar 8 2017

The standing committee on economics has insisted that “nothing has changed” in CBA’s culture, and accused the lender of “destroying” confidence in the banking industry.

Mar 7 2017

NAB chief executive Andrew Thorburn has downplayed the need for a public breach reporting regime in an appearance before a parliamentary inquiry.