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Consequence for legal brinkmanship: ASIC sounds warning to the banks

Consequence for legal brinkmanship: ASIC sounds warning to the banks

New enforcement chief at corporate cop says legal game playing will be punished in the post-royal commission world.

  • by Sarah Danckert

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'We should be feared': Former bouncer turned corporate cop wants justice
Exclusive
Hayne fallout

'We should be feared': Former bouncer turned corporate cop wants justice

Daniel Crennan looks menacing. Sitting his huge frame down for his first interview since becoming a deputy at the corporate cop, he is no mood for small talk.

  • by Sarah Danckert
Have you claimed your Kenneth Hayne mortgage discount yet?
Opinion
Interest rates

Have you claimed your Kenneth Hayne mortgage discount yet?

More borrowers are using the spotlight of the royal commission to demand better deals from their lenders.

  • by Jessica Irvine
Suncorp pays special dividend from life sale
Dividends

Suncorp pays special dividend from life sale

Suncorp shareholders will receive a special dividend of 8¢ a share as the banking and insurance firm starts handing over proceeds from its $725 million Australian life insurance sale.

  • by Stuart Condie
A lot of bling: Industry shocked at $36 million bonus allegation
Superannuation

A lot of bling: Industry shocked at $36 million bonus allegation

Industry super owned IFM Investors is facing harassment claims against a senior executive. Now the executive's alleged massive bonus has set tongues wagging.

  • by Sarah Danckert and Latika Bourke
Tax deductible insurance advice 'unlikely to happen', executive says
Life insurance

Tax deductible insurance advice 'unlikely to happen', executive says

An APRA executive said it would be "difficult to get treasury to be sympathetic towards issues like tax deductibility" for an industry that had caused heartache.

  • by Natassia Chrysanthos
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Digital wallets at 'tipping point', says ME Bank
Banking royal commission

Digital wallets at 'tipping point', says ME Bank

With Commonwealth Bank in January starting to offer customers Apple Pay, ME Bank's Jamie McPhee says digital wallets have hit “critical mass”.

  • by Clancy Yeates
Suncorp targets extra $3b in small biz loans
Finance

Suncorp targets extra $3b in small biz loans

Suncorp has vowed to ramp up small business lending by $3 billion, buoyed by officials pushing back against a key recommendation of the Hayne royal commission.

  • by Clancy Yeates
Will AMP's scorched earth on bonuses be enough?
Opinion
Executive pay

Will AMP's scorched earth on bonuses be enough?

AMP chairman David Murray needs to skate a clean program to keep an angry shareholder community at bay.

  • by Elizabeth Knight
Westpac steels itself for customer compensation challenge
Big four

Westpac steels itself for customer compensation challenge

Westpac's decision to get out of financial advice will cause it some short-term pain but it has a bigger challenge on its hands.

  • by Stephen Miles
NAB commits to keep rural branches open to 2021
Big four

NAB commits to keep rural branches open to 2021

NAB's announcement comes after a sustained period of branch closures in rural Australia.

  • by Anthony Colangelo