ASIC not done with CommInsure yet

The insurance arm of Commonwealth Bank's wealth management division remains subject to investigation by ASIC, although the regulator found no evidence of undue pressure on doctors to change or alter their medical opinions. read more

Mutual banks push APRA mandate

Mutual ADIs are stepping up a campaign to "amend the APRA Act to give the prudential regulator an explicit 'secondary competition objective' and require APRA to report annually against this objective." read more