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Showing 251 - 260 of 1018 results for "Inquiry"

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... Andrew Thorburn failed to give an exact number of clients hit by the bank's misconduct as he fronted the parliamentary inquiry into major banks in Canberra this morning. Thorburn said he expects the total number of customers impacted to be "hundreds ...

ANZ chief says remediation is "distracting"

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
ANZ chief executive Shayne Elliott has admitted to a parliamentary inquiry that the bank saw its remediation programs as a "distraction" and at one point took up to 15 years to compensate some customers. This morning, Elliott told the House of Representatives ...

Aged care RC will spook Aussies into advice

HARRISON WORLEY  |  THURSDAY, 11 OCT 2018
... that peace of mind," he said. Aged Care Steps director and fellow panellist Assyat David agreed, adding she thinks the inquiry will begin a conversation among Australians about what they want from their post-retirement life. "I think the aspect behind ...

CBA releases remediation scorecard

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
... showing evidence of commitment. CBA was required to put together a remediation action plan after APRA led a prudential inquiry into the bank's governance, culture and accountability in August 2017. The APRA inquiry's final report made 35 recommendations ...

RC interim report is fair: Spot poll

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... Commissioner Hayne was fair and realistic in underpinning the first four rounds into one driving factor: greed. What the inquiry unearthed, Hayne wrote, was misconduct that went unpunished or the consequences that did not match actions. Hayne considered ...

TAL refutes duty of good faith breaches

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
... life of the policy. TAL said claims made very early in the life of the policy, could properly and reasonably prompt an inquiry as to whether all relevant matters were disclosed at the time of application, which according to the group insurer is therefore ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
... industry's remuneration practices and policies played a major role in the banking misconduct uncovered by the Royal Commission Inquiry, the interim report found. Governance and risk management practices failed to prevent the misconduct where a financial ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
An inquiry has been launched to examine the implications of Labor's policy to remove refundable franking credits. The House of Representatives Standing Committee on Economics will investigate the implications of removing refundable franking credits. ...

Government establishes aged care Royal Commission

HARRISON WORLEY  |  MONDAY, 17 SEP 2018
... demand the sector will experience as the baby boomer generation reaches an age where it will need the system's support. The inquiry is set to examine the quality of care provided in residential and home aged care to senior Australians, with its remit ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... high of 2.7x. Grandfathered commissions were hotly contested at the recent round of the Royal Commission. Birt said the inquiry has prompted some industry bodies to phase out or even cease legacy commissions immediately emanating from a mix of risk and ...