Fresh fuel for bank grilling
A report into the progress of CBA’s cultural overhaul will land just ahead of the bank’s CEO taking the Canberra hot seat.
Bank Inquiry
Farmers accuse ‘feral’ CBA of ‘greed‘
A NSW family pushed off its farm has told the Federal Court its bank was motivated by ‘greed and indifference’.
Why Hayne won’t extend inquiry
Ken Hayne has already put a bomb under banks, so why would he want to spend more time hearing complaints about ripoffs?
ASIC probes super fund breach
ASIC is investigating industry fund Rest after it admitted failing to give members reasons why it refused death payouts.
Loane’s evidence corrected
Evidence given at the royal commission by FSC CEO Sally Loane has had to be corrected by an independent watchdog.
‘Appropriate to charge the dead’
AMP has maintained its strident defence of charging dead people for life insurance, reiterating it did not amount to an offence.
CBA planner cops conviction
The corporate watchdog has won an appeal to have a conviction recorded against a former CBA planner banned for forgery.
‘Bill using banks for politics’
Scott Morrison has accused Bill Shorten of attacking the banking royal commission’s independence in calling for it to be extended.
Wacka backs RC extension calls
Nationals senator John “Wacka” Williams has supported Labor’s calls for the bank inquiry to be extended.
Why wait for final bank report?
The absence of competition in the banking industry is one area Josh Frydenberg could act on immediately.
It’s time to speak truly … and carry a big stick
The incompetence and idleness of the regulators stand out as a major part of the problem with our financial system.
Banks face tougher regulation
Banking royal commissioner Kenneth Hayne has laid the groundwork for a leaner, meaner regulatory system.
Housing market stays on skids
Australian house prices have fallen for the 12th month in a row weighed down by a barrage of issues.
Banks are going to buried in compliance
The last thing Australia needs is a financial services industry entirely gummed up by compliance and regulation.
Wait to see the heads roll
Royal commissioner Ken Hayne has unsheathed the cutlass and given the financial services industry a well-deserved hammering.
Banks shamed over greed
Financial services royal commissioner Kenneth Hayne has damned the greed of big banks in a day of shame for the sector.
$7m to broke in 21 days
As far as Dimity Hirst can tell, nothing has changed at ANZ, the bank she blames for seven years of ‘mental and physical anguish’.
ASIC’s failure to enforce the law let the sector off much too lightly
The royal commission should facilitate standards of behaviour at financial institutions that Australians deserve.
ASIC considers criminal charges
ASIC is considering criminal charges against AMP for lying to it about a supposedly independent report from Clayton Utz.
Loans, mortgages ‘harder to get’
It will be harder to get a mortgage and car loan if banks take heed of the royal commission’s call to verify customers’ expenses.
AMP pinged for possible breaches
AMP has a culture and governance practices that reveal “insufficient concern” for the law, says Hayne report.
An industry rotten to the core
Kenneth Hayne’s report on the finance industry depicts a culture of rampant greed and regulators too pathetic to do anything.
CBA and NAB execs in the dark
Commonwealth Bank and NAB executives were largely in the dark over their misdeeds, according to Hayne report.
Hayne blasts greed and soft-touch treatment
The Hayne report has sheeted bank misconduct back to both “greed” and the soft-touch treatment of financial regulators.
ASIC bares teeth at advisers
Dodgy financial advisers will be fined or kicked out of industry associations under future compliance schemes.
Banks brace for Hayne’s first shot
An election, rates and royal commission findings means there’s more bank bashing to come.
Risk fix hit by skills shortage
The skills companies scrambling to bolster risk and compliance functions need are in very short supply.
Ken Henry backs NAB chief
NAB chairman Ken Henry has laid to rest speculation that chief executive Andrew Thorburn could be shown the door.
Hayne report to land on Friday
Royal commissioner Ken Hayne’s eagerly awaited interim report on financial sector misconduct will be released on Friday.
NAB ‘introducer’ avoids jail
Melbourne photocopier technician who collected $800,000 from NAB’s dubious ‘introducer’ scheme avoids jail.
Original URL: https://www.theaustralian.com.au/topics/bank-inquiry/page/11