ANZ fined record $240 million for misconduct by ASIC
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The National Australia Bank and the Commonwealth Bank could face possible criminal charges following recommendations by the royal commission. #9News | http://9News.com.au | 9 News
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National Australia Bank CEO Andrew Irvine says Australia should be an energy superpower, and that net zero and lower energy prices are not incompatible. ⁠ ⁠ Appearing in front of Ed Husic’s House economics committee, the NAB chief described the state of Australia’s energy system as “sad”, adding that the nation needs to focus more of its time and energy on getting renewable projects approved.⁠ ⁠ Irvine also backed gas, saying “there is no transition to a renewable mix … without gas” while talkin
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The National Australia Bank has agreed to pay a $49.5M settlement over allegations it sold junk insurance to tens of thousands of vulnerable customers. Law firm Slater and Gordon filed the class action last September. It's alleged NAB sold insurance to customers who were ineligible to claim, or unlikely to benefit, from the policy. The settlement, which is the first of its kind in the wake of the banking royal commission, is expected to be distributed to up to 100-thousand customers. www.7NEWS.c
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