Dec 2 2020
The prudential regulator has taken action against Westpac over breaches of liquidity standards, adding that they show weaknesses in the bank’s risk management.
Nov 20 2020
The lender’s chairman has condemned the pricing of financial support received by the major banks over non-banks, labelling it as “grossly unfair”.
Nov 20 2020
Regulators are a speed bump to recovery and need to follow the will of Parliament and the people, Treasurer Josh Frydenberg has said.
Nov 19 2020
The majority of FHBs could achieve their goal of owning property faster if they are able to opt out of stamp duty, according to a non-major bank.
Nov 18 2020
The REINSW has welcomed the NSW government’s revelation that it will be phasing out stamp duty, but warned that it won’t support the replacement of one property tax with a different property ...
Nov 13 2020
A package of legislation addressing 20 recommendations and one additional commitment from the banking royal commitment, including the reference checking and information-sharing protocol for ...
Nov 13 2020
A new research paper has highlighted how financial institutions can provide better support for people impacted by economic and financial abuse through intimate partner relationships.
Nov 12 2020
The big four bank believes that it has made substantial progress on turning its culture around in the wake of the banking royal commission, but the prudential regulator will have the final ...
Nov 10 2020
Cyber criminals are actively targeting the elderly and most vulnerable members at double the rate of any other age groups, according to a non-major bank.
Nov 6 2020
The big four bank recorded $2.56 billion of profit in the financial year 2020, a 47 per cent drop compared with last year, largely due to COVID-related challenges.
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