David Coleman news

Rate hike profits to be short lived: NAB

NEWS

Rate hike profits to be short lived: NAB

The bank has acknowledged increased profits as a result of APRA’s interest only speed limits but has said these will be temporary

NAB and CBA next to face gov't spotlight

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NAB and CBA next to face gov't spotlight

The second set in the latest round of public hearings by the House Standing Committee on Economics is set to kick off later this week

No maths formula for rate repricing: Westpac

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No maths formula for rate repricing: Westpac

The major bank CEO has spoken on interest-only rate differentiation in front of the House of Representatives Standing Committee

Westpac and ANZ to face parliamentary grilling

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Westpac and ANZ to face parliamentary grilling

The two majors will be the first to face the Standing Committee on Economics in the latest round of hearings with the major banks

ASIC disagrees with UBS 'liar loan' report

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ASIC disagrees with UBS 'liar loan' report

The regulator has also said that consumers are “not the best judge” when it comes to underwriting standards

Rate hikes a result of regulation: APRA

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Rate hikes a result of regulation: APRA

The regulator’s chair has faced a government committee, answering questions about its investment and interest-only speed limits

APRA to face parliamentary grilling

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APRA to face parliamentary grilling

The house of representatives standing committee will scrutinise the regulator on areas such as capital benchmarks and residential lending practices

ASIC allegations don’t suggest cultural problem: Westpac

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ASIC allegations don’t suggest cultural problem: Westpac

The bank’s CEO has refuted that Westpac has a serious problem after a series of claims from the regulator

Broker incentives may “create distortions”: NAB CEO

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Broker incentives may “create distortions”: NAB CEO

The major bank CEO has faced some intense grilling in the first day of the House Economics Committee’s banking review

Association to face parliamentary scrutiny

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Association to face parliamentary scrutiny

Discussions include the association’s plan to enhance consumer protections

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