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Finance professionals to miss out on big pay rise
16 May 2018
mortgagebusiness

Two-thirds of financial services employers will give their staff a pay rise of less than 3 per cent in their next review and 10 per cent will not increase salaries at all, according to the ...

ASIC commences ethics compliance consultation
16 May 2018
mortgagebusiness

The corporate regulator has issued a consultation paper on its proposed approach to approving and overseeing compliance schemes for financial advisers.

CBA CFO resigns with immediate effect
14 May 2018
mortgagebusiness

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

Young Leaders in Finance Awards finalists announced
11 May 2018
mortgagebusiness

Several leading brokers and mortgage players have been named as finalists in Momentum Media’s inaugural Young Leaders in Finance Awards.

ANZ appoints new deputy CEO
9 May 2018
mortgagebusiness

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.

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

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.

Customers most satisfied with non-majors
9 May 2018
mortgagebusiness

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

CBA pays $5m penalty in BBSW settlement
9 May 2018
mortgagebusiness

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 ...

Majors tipped to hike rates further
8 May 2018
mortgagebusiness

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

Westpac slams ‘incorrect’ PwC mortgage report
7 May 2018
mortgagebusiness

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”