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16 July 2019 • By Charbel Kadib • 1 min read

Major banks update home lending policy

Two of the big four banks have updated their home loan serviceability assessment policy in response to APRA’s regulatory amendments

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Aus ETFs surpass $50bn

The Australian exchange-traded fund industry has overtaken the $50-billion milestone, according to the newly published report by BetaShares

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Union demands government action on credit insurance

The Finance Sector Union of Australia has urged government action on consumer credit insurance and bank cultural issues following ASIC’s report into ...

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Banking reputation at rock bottom

One chief executive has said that the reputation of bankers was at rock bottom and hoped that it would not get any worse. Shayne Elliott, chief ...

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Investment complaints surge

Consumer complaints relating to investment and advice rose by 69 per cent in the first six months of the Australian Financial Complaints Authority’s ...

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Yield-starved investors given alternative

A new investment product has been launched for investors across Australia that are struggling to find yield.  La Trobe Financial has launched a new ...

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AMP to offer no dividend this half

AMP has announced that it will not be issuing an interim dividend for the first half of 2019 after the sale of AMP Life looks set to fall apart

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Super funds demand labour transparency from Amazon

Three Australian superannuation funds have joined a coalition of investors urging Amazon to explain labour rights in the retail giant’s operations and ...

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CBA loses battle against law firms

Despite protests from CBA, two law firms have been granted permission to work together to bring two separate class actions against the major bank ...

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Profits over rates for performance

Investors need to place greater emphasis on the profit outlook for listed companies rather than concerning themselves with interest rate impacts, ...

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