ANZ chief Shayne Elliott said the bank’s board is probing the alleged misconduct and would “ensure consequences will be applied to senior executives,both past and present,including myself,where appropriate”.
The corporate watchdog found four banks kept at least two million customers in high-fee accounts,even though they were eligible for cheaper products.
More first home buyers are struggling to get their mortgage applications over the line with lenders.
Julie Adams says her beautiful,feisty daughter died after relentless and emotional,sexual,physical and financial abuse. She wants to stop it happening to others.
Treasurer Jim Chalmers is unveiling changes to how banks inform their customers on everything from deposits to mortgage rates,so people can make better financial choices.
Catherine Fitzpatrick is taking on major institutions in a bid to eradicate the abuse she says lies at the root of a huge number of domestic violence situations.
A Nationals-led Senate inquiry into bank branch closures has urged the government to investigate the establishment of a bank owned by taxpayers.
The banks say it should be up to financial regulators to determine whether student debt gets special treatment in mortgage assessments.
The bank unveiled a cash profit of $172 million in the six months to February 29,down 33 per cent compared to the first half of last year.
A parliamentary committee has launched an inquiry into the hidden problem of financial abuse in Australia,which has been described as a form of domestic violence that often goes undetected.
A new alert system from NAB has saved customers – including many desperate Swifties – a total of $80 million in potential scams.