Consumer groups slam new life insurance code
Consumer groups and insurance lawyers have criticised a new life insurance code of conduct, saying it fails to protect people from unethical behaviour and only covers a fraction of the industry.
-
Georgia Wilkins
Regulators up next at banking inquiry
Australia's financial regulators will front the house economics committee on Friday following questioning of the big four banks.
Bank of Queensland lifts profit despite tough conditions
Bank of Queensland has lifted its profit despite market volatility and intense competition for both loans and deposits.
Government stands by commissions for life insurance
The government is pushing ahead with reforms that will allow life insurance brokers to pocket commissions as high as 60 per cent, despite calls for them to be banned altogether.
NAB finishes wealth shake-up with sale of life insurance
National Australia Bank has completed the sale of 80 per cent of its life insurance business.
Bendigo buys WA government loan book
Bendigo and Adelaide Bank has bought $1.35 billion worth of home loan debt from the Western Australian government's affordable loan scheme.
Rogue Deutsche Bank trader banned for life
A former Deutsche Bank currency trader has been permanently banned from the industry after a series of false trades artificially boosted the bank's revenue by 28 million Euros.
Super funds accused of propping up fossil fuel 'expansion' bonuses
Super funds are being accused of propping up bonuses that are being awarded to the heads of Australia's major resources chiefs for finding new fossil fuel reserves.
Want to boost your share price? Hire more women
The more women you have in senior management roles, the better your company will perform, a study shows.
ME Bank looks to online home loan approvals
ME Bank is hoping to push into the online home loan space as technology changes help boost its profit by 29 per cent to $74.7 million.
Search pagination