Major bank ‘accepts the gravity’ of AUSTRAC claims
Reporter
A big four bank has filed its defence to AUSTRAC’s claims that it had breached AML/CTF obligations, stating it “accepts the gravity” o...
A big four bank has filed its defence to AUSTRAC’s claims that it had breached AML/CTF obligations, stating it “accepts the gravity” o...
A major ratings agency has downgraded its outlook for the mortgage insurer amid expectations of a sharper than anticipated deterioration in Genworth’s financial position.
The big four bank has announced several executive changes, including the departure of the chief executive of its consumer banking division.
Auswide’s bid to acquire a Queensland-based lender has been rejected by the group’s board.
The association has dismissed talks of “impending property doom”, pointing to periods of strong home value growth following past recessions.
Just under 430,000 home loan customers have opted to freeze repayments since the onset of the COVID-19 crisis, the latest figures have revealed.
Auction clearance rates have strengthened across the capital cities, but overall activity and auction volumes remain substantially below average.
The “extremely uncertain” housing market outlook is set to trigger a “collapse” in demand that could last until late 2021, according to ANZ Research.
The number of new homes sold hit a record low in March and again in April, with the construction sector set to feel the hit until 2021.
The non-major bank has announced that digital signatures acquired through legitimate e-signature platforms will now be accepted on all home ...
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