Powered by MOMENTUM MEDIA
Mortgage business logo

LATEST PODCAST: Westpac and AUSTRAC in the spotlight

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market.

In this episode, they delve into the anti-money laundering and anti-terrorism financing regulator AUSTRAC’s civil penalty orders against Westpac, as well as the latest class actions against ANZ and Westpac in relation to the mis-selling of comprehensive credit insurance.

This week they discuss…

  • Westpac CEO Brian Hartzer’s response to the allegations
  • Whether ramifications for the alleged breaches are adequate
  • Previous cases of banks mis-selling CCI

==
==

PREVIOUS EPISODES:

Vertical integration and the rise of neobanks 
Best interests guidance and pre-approval suspension
Big bank profits slide

You need to be a member to post comments. Become a member for free today!
Share this article
brokerpulse

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph

What are the main barriers to securing a mortgage at the moment?