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    Backflip on mortgage broker changes

    Backflip on mortgage broker changes

    12 Mar 2019 by AAP Business News

    Mortgage brokers will continue receiving trail commissions beyond 2020 under a federal coalition government, with Treasurer Josh Frydenberg revealing a plan to scrap them has been dropped. ...

    Bendigo profit dips but banks on royal commission lift

    Bendigo profit dips but banks on royal commission lift

    11 Feb 2019 by AAP Business News

    Bendigo and Adelaide Bank shares have taken a dive after a 2.4 per cent dip in first-half profit, despite the lender hoping to benefit from the big four's public relations disaster at the royal commission. ...

    IOOF shares down as APRA moves on execs

    IOOF shares down as APRA moves on execs

    07 Dec 2018 by AAP Business News

    Shares in IOOF Holdings have lost more than a quarter of their value after the prudential regulator moved to disqualify the beleaguered wealth manager's top brass and impose new licence conditions. ...

    AMP rejects criminal charge recommendation

    AMP rejects criminal charge recommendation

    04 May 2018 by AAP Business News

    AMP has revealed almost 16,000 of its customers paid fees for financial advice they did not receive, while arguing it "strenuously denies" recommendations it face criminal charges over the scandal. ...

    Big banks under pressure

    Big banks under pressure

    07 Feb 2018 by AAP Business News

    Australia’s major banks are under mounting pressure today, with a draft report from the Productivity Commission raising doubts about competition levels as regulators apply more scrutiny to three of the 'big four'. ...

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