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Resimac admits it ‘could have been better’ following ASIC penalty
The non-bank lender has faced scrutiny from the commission for an alleged failure to assist customers facing financial hardship. Resimac has since responded.
Borrowers ‘in a pretty good position’, says RBA
At its press conference following the cash rate call, the RBA has said households are in a good position and financial stability is looking positive.
CBA job cuts climb to nearly 800 in past 12 months amid ‘swollen’ profits
The Commonwealth Bank of Australia (CBA) has moved to cut another 163 jobs across their customer services roles, bringing their total workforce reductions to nearly 800 over the past year.