Expert help needed to define Bankwest class action 29 April 2016 4:01PM The details and interpretation of the "warranty claim", or in other words the much discussed "claw back" mechanism struck between Commonwealth Bank and UK bank HBOS over the sale by the latter of Bank.. read more
Labor pledges extended mandate for CEFC 28 April 2016 4:07PM A Labor government would provide the Clean Energy Finance Corp "with more certainty and more flexibility with less red tape and more technology options, [allowing it to] develop more technology option.. read more
CBA pours scorn on Bankwest conspiracy theories 28 April 2016 4:06PM Well ventilated theories of nefarious - and highly profitable - understandings between Commonwealth Bank and HBOS at the time of the 2008 takeover of Bankwest received a scornful appraisal by CBA's to.. read more
Comment: Bankwest clawback favoured HBOS and not CBA 28 April 2016 4:05PM The thesis that Commonwealth Bank engineered a handsome "clawback" from Lloyds/HBOS in connection with its rushed, GFC-linked takeover of Bankwest late in 2008 may be so well publicised that, in the e.. read more
'Deceptive' CBA breached Corporations Act over Bankwest, lawyers claim 28 April 2016 4:04PM Commonwealth Bank's approach to the takeover of Bankwest and its controversial treatment of many business borrowers from late 2008 "involved criminal behaviour and offended various provisions within t.. read more
Comment: Commission counsel will walk all over industry, MPs and stirrers 26 April 2016 4:08PM Having reserved some time recently to catch up with one potentially fruitful data set, courtesy of the Parliamentary Joint Committee on Corporations and Financial Services and its inquiry into the "im.. read more
Mortgage arrears in a spin 26 April 2016 4:03PM Arrears on housing loans in Australia were higher in February, Standard & Poor's said, adding that this was "the fourth consecutive" monthly rise for prime and non-conforming residential mortgage-.. read more
Joust mortgage marketplace poised for debut 26 April 2016 3:57PM Seven lenders have signed on for a novel market place, one that its founders say will directly connect consumers with lenders 'live' so that bids from the lenders can be seen in real time. read more
Comment: Harried ABA addresses an age-old problem 22 April 2016 6:01AM The Australian banking industry's response to the challenge of its virulent reputation problems demands a little decoding. read more
Multiple credit card fraud incidents common 22 April 2016 6:00AM Data on credit card and other types of fraud from the Australian Bureau of Statistics points to card fraud as a repeat experience for some in Australia. read more