The search for successors is progressing well, says incoming CEO
The bank "would support elevated controls and measures" on mortgage incentives, says outgoing CEO in 2017 letter
$200m will go to compliance and regulatory costs related to the royal commission
The new boss comes from within the bank
Heads from the big four banks have written an open letter to the Treasurer urging a "properly constituted inquiry into the financial services sector"
While APRA has been the main factor for recent IO rate rises, the bank has said competition affected the size of these hikes