Commonwealth Bank of Australia Chief Executive Officer Ian Narev defended the lender’s profitability and decision not to pass on official interest-rate cuts in full in an appearance before parliament yesterday.
The chief executive officers of Australia’s four biggest lenders will this week be grilled by a parliamentary committee for the first time amid
NAB Chairman Michael Chaney has welcomed the Murray Inquiry’s recommendation that big banks be required to hold more capital to insure against economic shocks
The chief executive of Australia’s biggest bank has told Australian regulators not to get too tenacious about implementing tougher capital rules
The competitiveness in the mortgage sector is stretching lending standards, according to Australia’s financial regulator
Brokers were behind 38% of the total home loan balance settled through the major lender during the year