Mortgage business logo

LATEST PODCAST: Court cases and penalties

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

Join Alex Whitlock and Annie Kane as they discuss some of the big legal cases in the industry – including the largest civil penalty in history.

Alex and Annie discuss the $1.3-billion penalty handed to Westpac and the regulations that were found to have been breached, NAB’s penalty for illegally accepting loan applications from unlicensed third parties via its “spot and refer” introducer program, and how these issues came to be.

This week, they discuss:


- Westpac’s penalty for AML/CTF breaches
- NAB’s introducer program and what the issues were
- The launch of New Home Guarantee waitlists



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


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?