Topic | Banking royal commission | Canberra Times

Banking royal commission

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Have our banks learned their lesson? Don't put money on it

Have our banks learned their lesson? Don't put money on it

Anyone who believes our banks have learnt from the public drubbing delivered by royal commissioner Kenneth Haynes should think again.

  • by Madonna King

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Police raid home of NAB chief Andrew Thorburn's former chief of staff
Andrew Thorburn

Police raid home of NAB chief Andrew Thorburn's former chief of staff

Fraud squad police have raided the home of NAB chief executive Andrew Thorburn’s former chief of staff Rosemary Rogers as part of a bribery investigation sparked by an internal bank whistleblower.

  • by Chloe Booker & Sarah Danckert
Consumer complaints surge on the back of royal commission revelations
Analysis
Big four

Consumer complaints surge on the back of royal commission revelations

The new one-stop-shop financial complaints body has had a significant increase in complaints compared to its three predecessor complaints bodies

  • by John Collett
Damning review finds big banks overcharge loyal customers $850 a year
ACCC

Damning review finds big banks overcharge loyal customers $850 a year

Australian Competition and Consumer Commission inquiry says it is too hard for customers to switch to a better deal.

  • by David Crowe
Trouble ahead for IOOF as MD and chair step down to fight APRA action
IOOF

Trouble ahead for IOOF as MD and chair step down to fight APRA action

Wealth manager IOOF Holdings' managing director and chairman have stepped aside following moves by the prudential regulator to disqualify them from managing superannuation funds

  • by Colin Kruger
Mortgage brokers launch blitz against industry reform
Home loans

Mortgage brokers launch blitz against industry reform

Australia’s mortgage broking industry will fund a nationwide advertising blitz to push back against the threat of a wave of tough new regulation.

  • by Nick Toscano
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Legendary performance by IOOF's chief set off powder keg
Analysis
Analysis

Legendary performance by IOOF's chief set off powder keg

Wealth giant IOOF under fire from shareholders and the regulator as legal action is taken over whether the chairman and ceo are fit and proper people to run a super fund. It also puts into question the purchase of ANZ's wealth management division.

  • by Adele Ferguson
IOOF shares dive as APRA seeks to disqualify top executives, directors
Updated
IOOF

IOOF shares dive as APRA seeks to disqualify top executives, directors

The banking regulator is seeking to have a suite of senior IOOF executives and directors, including CEO Chris Kelaher and chairman George Venardos, banned from acting as superannuation trustees.

  • by Sarah Danckert
Freedom Insurance shares halved on liquidity warning
Freedom Insurance Group

Freedom Insurance shares halved on liquidity warning

The beleaguered life insurance distributor also admitted it was under investigation by the corporate watchdog for misconduct highlighted by the banking royal commission.

  • by John Collett & Sarah Danckert
Assistant Treasurer Stuart Robert to headline fundraiser about the banking royal commission
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LNP

Assistant Treasurer Stuart Robert to headline fundraiser about the banking royal commission

The lunch has been slammed as a crass attempt to capitalise on an explosive probe the Coalition has long opposed.

  • by Latika Bourke
AMP boss faces first day demand for clarity from investors
AMP

AMP boss faces first day demand for clarity from investors

Top of the list for suffering shareholders is to hear new CEO's plans for asset sale returns.

  • by Mathew Dunckley