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Major bank hit with $2.1m penalty

The Federal Court has ordered the major bank to pay a hefty penalty for unconscionable conduct.

Regional banking inquiry to probe big 4 banks

A Senate inquiry is preparing to grill the big four banks’ chiefs today over the widespread closure of regional banking services.

Non-bank announces immediate retirement of chairman

Jon Denovan has been elected as the new independent chairman of the company as part of several recent appointments.

LATEST PODCAST: YBR moves to delist

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

CBA’s $50m CCI class action settlement approved

The Federal Court has approved the major bank’s $50 million settlement in a class action focusing on junk consumer credit insurance.

A key financial buying solution for more Aussie homeowners

Bridgit sees a surge in bridging demand. Learn about how brokers are diversifying their offering with the Bridgit solution.

Bendigo and Adelaide Bank appoints a new chair 

A new chairperson has been confirmed at the non-major banking group to succeed outgoing chair Jacqueline Hey.

AMP Bank upsizes RMBS

The non-major bank has confirmed the upsizing of an RMBS following investor demand.

LATEST PODCAST: Philip Lowe’s parting shots

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

AMP halves turnaround times for loan increases

The non-major bank has announced it has slashed turnaround times and has launched a digital application process for customers looking to increase their loan size.

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