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Macquarie Bank’s booming mortgage business has clarified its professional expectations of thousands of brokers that market its home loan products after the release of a new proprietary code of conduct.. read more

APRA’s announcement that it will retain its existing macro-prudential policy settings has provoked disquiet among consumer advocates because of a perverse consequence of the serviceability buffer. read more

The Customer Owned Banking Association is calling on the federal government to create a formal roadmap for financial services regulations to help member-owned banks manage their compliance obligations.. read more

Alex Corporation Limited has expanded its paid up capital base by around A$17 million since the end of June last year, according to the company’s most recent filings to ASIC. read more

The Finance Sector Union suffered a seven per cent decline in national membership last year, but aggressive cost cutting steered a recovery in its financial performance. read more

Cash Converters has given an enforceable undertaking to AUSTRAC after an investigation found shortcomings in the company’s compliance with AML and counter terrorism laws. read more

ANZ is ramping up its on-the-ground presence in the Chinese banking market following the recent decision by the country’s government to remove Covid measures that stymied foreign business activity in.. read more

CBA deployed an extreme deposits pricing strategy in the six months to the end of December 2022, resulting in small business and household accountholders subsidising higher interest returns to the ban.. read more

ANZ appears set to re-open enterprise talks with the Finance Sector Union after a seven-year absence from the bargaining table. read more

Directors of ASX-listed bank Tyro Payments Limited have re-opened the door to Potentia Capital after their decision in December to reject an $875 million buyout offer from the suitor. read more