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Senior figures in the mortgage broking industry hold divided views regarding the Commonwealth Bank's move to increase its holdings in Aussie Home Loans and how this will impact on competition. read more

The Australian Finance Group has reported rapid growth in its company-branded loans, which are funded by NAB. read more

Commonwealth Bank has locked John Symond into his role as executive chairman of Aussie Home Loans for four more years, as part of the deal, announced yesterday, which sees CBA to increase its stake.. read more

Most Westpac staff will receive a pay increase of 3.75 per cent in 2013 and 2014, provided they are rated "effective" or better in their regular review, according to the Finance Sector Union. read more

Almost two-thirds of finance professionals in Australia intend to look for a job elsewhere this year, according to a survey by job placement website eFinancialCareers. read more

Banks received steady scorecards yesterday from two regular monitors of the state of customer service satisfaction. read more

Auditors of the failed mortgage funder, Banksia Securities, may be targeted by receivers to recover any shortfall in the wind up of the firm. read more

Michael Chaney plans to stand down from the board of National Australia Bank in 2015. read more

Banks in Australia do not need more capital, Westpac chair Lindsay Maxsted told the bank's 2012 annual meeting in Sydney. read more

Profits at the Bank of Queensland are "have now resumed a positive trajectory" the bank's CEO, Stuart Grimshaw, told the bank's annual meeting in Brisbane yesterday. read more