Westpac drags the chain on pay

Westpac has mooted a pay rise of 3.25 per cent for many staff in Australia, but rises of only two per cent for its better paid employees. read more

NAB content with investment lending settings

Andrew Thorburn, chief executive of National Australia Bank, said the bank's  annualised growth in residential investment lending over May was still above the APRA threshold. "But it's coming bac.. read more

Challenger low doc mortgage tossed out

The cavalier approach of providers of low doc loans has been laid bare in a judgment of the Supreme Court of Western Australia that damns the conduct of Challenger Mortgage Management (formerly Inters.. read more