Lender

ASIC has announced a series of civil proceedings against CBA in relation to breaches of the ASIC Act and the National Consumer Protection Act.

The central bank has pre-emptively slashed the funds rate and has committed to purchase up to $900 billion in US Treasuries and mortgage-backed securities in a bid to curb the economic shock ...

The major bank has been served with its third class action suit, continuing the fallout of damning AUSTRAC allegations against the bank pertaining to 23 million breaches of anti ...

While the RBA is likely to cut the cash rate to 0.25 per cent in April, ANZ Research suggests that the prospect for alternative monetary tools, such as quantitative easing, is “very real” ...

The prudential regulator has appointed a former group executive of NAB and the Bank of New Zealand to a senior policy leadership role.

The ABS has reported a sharp pick-up in mortgage volumes in January, however, the positive result has been overshadowed by “uncertainty” in the outlook, according to ANZ Research.

Almost half of all bank workers and a similar number of financial brokers face the threat of losing their jobs to technological automation, according to new research.

The number of complaints made to AFCA against lenders about home loans is significantly higher than those against mortgage brokers.

The Australian Greens have committed to build half a million new homes in a bid to create new jobs and apprenticeships and “push back the risk of recession nationally”.

The major bank’s decision to cut hundreds of jobs has been rebuked by the Financial Sector Union, which fears the financial welfare of outgoing employees amid growing economic uncertainty