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"The biggest winners of a fee for service would be the major lenders"
by Otiena Ellwand |
09 Apr 2018
Support for this model stems from the major banks wanting to reduce distribution costs and competition, says Loan Market’s chairman
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Could ATM fees be passed on to mortgage customers?
by MPA |
25 Sep 2017
Move to end fees leaves $500m hole that the major banks need to absorb or fill
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Commonwealth Bank reports record profit
by MPA |
09 Aug 2017
The major bank has reported its eighth consecutive year of record profit, driven by growth in mortgage and business lending
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Commonwealth bank blames coding error for money-laundering suit
by MPA |
08 Aug 2017
Commonwealth Bank of Australia has blamed a software coding error for more than 50,000 alleged breaches of money-laundering and terrorist-financing laws
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How the bank levy could end up hitting brokers
by Sam Richardson |
19 Jun 2017
As Australia’s government indulges in another round of bank bashing, brokers could get caught in the crossfire, writes MPA editor Sam Richardson
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Brokers fear being undercut by banks
by Sam Richardson |
06 Jun 2017
Four out of five brokers say their business could be at risk amid growing suspicion of radical changes by the banks
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Will the new tax on banks disrupt financial markets?
by MPA |
18 May 2017
Chief executives from two banks say the government’s new levy would disrupt the risky derivatives market and other markets
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ING and HSBC to gain from Budget bank tax
by MPA |
17 May 2017
Big four say Budget’s bank tax will benefit foreign-owned banks rather than Australian non-majors
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Banks vow to end percentage-based commission
by Sam Richardson |
03 May 2017
All four majors to implement recommendations of the Sedgwick Review, including extensive changes to broker remuneration
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Are brokers next in line for public scrutiny?
by Sam Richardson |
14 Nov 2016
The major banks have never been so under fire from regulators, politicians and the public. Will brokers be next to feel the heat?