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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



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

LATEST PODCAST: Westpac and AUSTRAC in the spotlight

Latest News

The bank has announced it is partnering with Nano to utilise its tech to offer a digital mortgage for retail customers in Q3. ...

The Reserve Bank has revealed that it weighed up three different options for the size of the first cash rate rise in almost 12 years. ...

The major bank has launched its digital home loan division, Unloan, which is a product that has a progressive interest rate discount. ...


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