The remediation follows an error in the bank's systems which failed to switch IO customers to P&I payments after the specified period
The move will see the broker and her husband barred from engaging in credit agencies after the pair contravened a prior ASIC order
The changes come as part of an enhanced broker model developed after consultation with CIF and the bank’s third party network
The former Prime Minister now joins in a phase of growth for the investment house as its first independent director of the board
One of the largest providers of credit scoring systems in the US is pitching open access credit reporting products for Australian consumers.
A leading industry survey has revealed the biggest concerns for the immediate future of the industry.
Three of Australia’s leading mortgage and finance industry professionals have been appointed this week to the board of the MFAA.
Lenders have come under fire from the Credit Ombudsman Service, with one receiving more than 100 complaints over the past year.
The heads of the key industry bodies are confident that ex-CBA boss David Murray is the right person to lead the biggest inquiry into the financial system in the best part of two decades.
One large aggregator is going from strength to strength, recording their highest settlements ever in October.