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07 November 2018 • By Stephanie Aikins • 1 min read

KPMG sounds alarm on delinquent mortgages

Professional services company KPMG has flagged concerns over a potential surge in mortgage arrears. In its analysis of the full-year results of ...

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Budget retailer breaks into super with new fund

Mercer has partnered with an Australian e-commerce company to launch a low-fee superannuation fund. Mercer and Kogan.com today announced an ...

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Rising compliance costs are a ‘myth’: Westpac CEO

The head of a big four bank is confident that compliance spending will not increase, despite popular opinion to the contrary amid growing concerns ...

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KPMG’s take on ‘simple banks’

The end of year analysis by KPMG has shown the need for the major Australian banks to become leaner and simpler to benefit customers. The KPMG 2018 ...

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Regulatory reform next on royal commission agenda

The upcoming round of public hearings for the financial services royal commission will focus on misconduct and conduct falling below community ...

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Goldman Sachs dominates league table

American bank Goldman Sachs has dominated the latest merges and acquisitions league table for the retail industry in the third quarter. The league ...

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AFCA members running out of time to notify ASIC

Licensees that have joined the new one-stop shop for financial service disputes have until the end of the month to notify ASIC of their details

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RBA reveals November cash rate

The central bank has announced its cash rate decision for the month of November following its monthly board meeting. The Reserve Bank of Australia ...

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Major bank announces acquisition

One of the big four banks has announced a joint acquisition of a major property exchange. The Commonwealth Bank of Australia has announced that its ...

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Hayne woes wipe $2bn off big bank profits

A challenging regulatory environment, slower revenue growth and increasing costs associated with the royal commission have seen the total cash profit ...

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