Commonwealth Bank has been forced to review how it handles and stores customer data as part of its response to losing records for nearly 20 million accounts. CBA has entered into an enforceable undertaking with […]
A resurgent share market helped household wealth edge higher in the March quarter, but plummeting house prices meant mortgage debt continued to grow faster than the value of real estate assets. Household wealth in Australia […]
The big banks will soon have another round of public hearings to contend with after the corporate regulator flagged plans to grill them over their lending practices. Australian Securities and Investments Commission chairman James Shipton […]
Home Affairs Minister Peter Dutton has blasted an “inappropriate” last-ditch attempt by former prime minister Malcolm Turnbull to save his leadership. Mr Dutton has also praised Attorney-General Christian Porter for pushing back against the idea […]
Freedom Insurance Group has begun cancelling its Australian Financial Services Licences as the company’s exit from all operating businesses continues apace in the wake of a belting at the royal commission. The company, which last […]
@ Copyright 2019 Australian Financial News
