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Lender

1 July 2019

The prudential regulator is seeking feedback on its proposed approach to determining product responsibilities, which would see banking executives being held accountable for their products.

1 July 2019

A new lender is now operating as a foreign ADI after being granted a licence from APRA.

1 July 2019

The major bank is making changes to its executive leadership team as the banks continues its “focus on earning trust and restoring the reputation” of the institution.

28 June 2019

The corporate watchdog is seeking consultation from banking and finance industry stakeholders regarding its new product intervention powers and has also announced a new set of public ...

28 June 2019

Commonwealth Bank has committed to overhauling its privacy policies and procedures under an enforceable undertaking it has entered into with the Australian Information Commissioner.

26 June 2019

This column is going to be a little controversial; however, lenders are well within their rights to keep a portion of future rate cuts up their sleeve.

26 June 2019

A multinational non-bank lender has commenced operation in Australia in a bid to disrupt the domestic market as it seeks to service unmet demand.

25 June 2019

The Reserve Bank of New Zealand has called for two reports from ANZ New Zealand “to provide assurance it is operating in a prudent manner”.

24 June 2019

The share of new loans approved with an LVR grater than 80 per cent has increased, despite continued tightening in lending standards, according to a new analysis of APRA data.

21 June 2019

The major bank has reversed its decision to ease its mortgage serviceability policy, just hours after confirming it would go ahead with the changes.