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    Banks put on brave face for ACCC rates inquiry

    Banks put on brave face for ACCC rates inquiry

    14 Oct 2019 by AAP

    The big banks have said they welcome the competition watchdog inquiry into mortgage pricing, with ANZ chief executive Shayne Elliott admitting lenders have not properly explained why their rates do not keep pace with the tumbling cash rate. ...

    Mortgage lending rebounds in WA

    Mortgage lending rebounds in WA

    11 Oct 2019 by Adrian Rauso

    Housing finance provider Australian Finance Group says lending for homes in the first quarter of the 2020 financial year in Western Australia has rebounded from record low levels to reach its highest figure since the end of the 2017 fiscal year. ...

    AMP combining Aust banking, wealth units

    AMP combining Aust banking, wealth units

    10 Oct 2019 by AAP

    AMP is combining its banking and Australian wealth management units in a major restructure, creating a new organisation called AMP Australia. ...

    Imdex in for AHG on BN30

    Imdex in for AHG on BN30

    04 Oct 2019 by Mark Beyer

    Mining technology company Imdex is the latest addition to the BN30 index, Business News’s Western Australian equivalent of the Dow Jones index on the New York Stock Exchange. ...

    CommInsure hit with 'hawking' charges

    CommInsure hit with 'hawking' charges

    04 Oct 2019 by AAP

    Commonwealth Bank's CommInsure life insurance unit has been charged with 87 counts of unlawfully selling life insurance policies over the phone. ...

    NAB cops new $1.18bn remediation hit

    NAB cops new $1.18bn remediation hit

    02 Oct 2019 by AAP

    National Australia Bank is set to cop a $1.18 billion hit in its full-year results including an extra $832 million in customer remediation costs related to dodgy insurance and the fees-for-no-service advice scandal. ...

    Big Four banks all withhold full rate cut

    Big Four banks all withhold full rate cut

    02 Oct 2019 by AAP

    Westpac and ANZ have followed the lead set by rivals Commonwealth Bank and NAB and will not pass on Tuesday's 0.25 per cent rate cut in full. ...

    RBA cuts cash rate to new record low 0.75%

    RBA cuts cash rate to new record low 0.75%

    01 Oct 2019 by AAP

    The Reserve Bank of Australia has cut the cash rate to a new record low of 0.75 per cent, with the board prepared to go even lower if the nation's economy does not respond. ...

    Bankwest appoints new MD

    Bankwest appoints new MD

    01 Oct 2019 by Jessica Mascione

    Bankwest has announced the appointment of Sinead Taylor as the first female to lead the organisation in its 124-year history. ...

    Hartleys hit by market slowdown

    Hartleys hit by market slowdown

    27 Sep 2019 by Mark Beyer

    Hartleys has reported a big drop in annual revenue and net profit, making it the third major stockbroking firm in Perth to have its results hit by the sharp decline in corporate finance activity over the past year. ...

    Stronger markets support insurers

    Stronger markets support insurers

    27 Sep 2019 by Matt Mckenzie

    Perth-based health insurer HBF has posted a 53 per cent rise in its net surplus to $93.7 million, while profit at the state government-owned Insurance Commission of WA fell 27 per cent to $203.5 million, despite an improved return on its investments. ...

    WA misses out on NAB’s big banker boost

    WA misses out on NAB’s big banker boost

    26 Sep 2019 by Adrian Rauso

    National Australia Bank will introduce 163 new roles in its business banking division, which it says is part of an Australia-wide customer growth strategy, but the jobs will almost entirely go to the eastern states. ...

    WA backing for impact investing

    WA backing for impact investing

    25 Sep 2019 by Madeleine Stephens

    A new alliance was launched in Perth this month to promote investment in organisations focused on environmental, social and cultural good while also creating financial returns. ...

    Pioneer receives respite from lenders

    Pioneer receives respite from lenders

    24 Sep 2019 by Adrian Rauso

    Pioneer Credit has reached a standstill agreement with two of its major lenders as it attempts to deal with the fallout from a change in the accounting treatment of its consumer debt portfolios. ...

    $20m deal for WA fintech

    $20m deal for WA fintech

    24 Sep 2019 by Business News

    Global wealth manager Skybound Capital has bought a 60 per cent stake in Western Australian online lender Fair Go Finance for $20 million. ...

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