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ASIC wants to embed agents within major banks
by Tim Stewart • 25 Jun 2018
New ASIC chairman James Shipton is asking the government for additional funds to embed staff within the big four banks...
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Credit squeeze hits elite brokers as lenders scrutinise expenses
by Reporter • 25 Jun 2018
As banks continue to tighten their home lending policies in response to regulatory pressure and the negative press...
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Federal Court approves CBA’s $20m settlement over BBSW manipulation
by Tas Bindi • 22 Jun 2018
The Federal Court has approved Commonwealth Bank’s $20 million settlement with ASIC for manipulating the bank bill...
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Home prices to fall by 10% in Sydney and Melbourne: ANZ
by Reporter • 20 Jun 2018
The major bank is expecting home values to decline by 10 per cent peak to trough in response to restricted access to...
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Major banks back on the stand as RC rolls on
by Reporter • 20 Jun 2018
The witness list for the next round of hearings for the banking royal commission has been announced.
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Lenders slashing high LVR home loans: RateCity
by Reporter • 19 Jun 2018
The number of lenders offering low-deposit home loans has dropped by 44 per cent in the past three years, new RateCity...
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Westpac to halt consumer mortgages for business purposes
by Tas Bindi • 14 Jun 2018
The major bank will stop accepting consumer home loans for predominantly business purposes from next week.
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Rising star shares his tips for success
by Reporter • 13 Jun 2018
New broker and rising star Bernard Desmond has revealed some of his top tips for new brokers at the ongoing New Broker...
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Westpac cuts referral ties with Prospa
by Tas Bindi • 13 Jun 2018
The major bank’s referral relationship with small business lender Prospa has come to an end, as the bank looks to...
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Heritage Bank appoints first chief risk officer
by Reporter • 12 Jun 2018
The non-major bank has announced the appointment of RESIMAC’s former head of enterprise risk to the newly created...
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