Posts tagged "commonwealth bank"

Despite allegations of fraud, strong-arming and abuses of power, Australia's big four banks say SME lending framework is broadly appropriate.

The code covering SME lending requires a major overhaul to protect businesses from the power of the big banks, Australia's small business watchdog says.

We need to "enshrine Justice Hayne’s six commandments in every bank’s code of conduct and make any breach to that code criminal."

In other countries, digital wallets allow people to accomplish nearly all of their daily transactions with a single card.

Each year Choice's Shonky Awards provide a clear blueprint for businesses everywhere on exactly what not to do when producing a product or service.

The royal commission's interim report hasn't paid adequate attention to the experiences of small business owners, advocates say.

In his interim report, royal commissioner Kenneth Hayne pilloried select Australian banks for their greed and putting profits before customers.

The people who will lose from the royal commission are the 'marginal' borrowers — the young, the less affluent, the less educated, the casually employed.

Commonwealth Bank and NAB have been given a dressing down at the ongoing banking royal commission over their treatment of superannuation customers.

We can’t just rely on regulated disclosure. Better-educated people are better equipped to ask the right questions and make more informed decisions.

Vicky Comino, The University of Queensland

Many entrenched motivations for misconduct in the banking sector have been uncovered by the on…

Matt Comyn has launched his career as boss of the Commonwealth Bank of Australia with a bang, effectively splitting the nation’s biggest bank in two.