(Reuters) -Australia's corporate regulator said the mortgage broking unit of No.2 lender Westpac had used falsified payslips from non-existent employers to approve home loans in a lawsuit filed on ...

ASIC has accused the now-defunct Westpac brand of breaching its obligations under credit laws and engaging in "widespread unlicensed conduct" between June 2019 and April 2023.

Westpac shut down RAMS to new home loans in 2024, while continuing to retain the ongoing loans. The closure prompted RAMS franchisees to file a class action lawsuit against Westpac, claiming it ...

Westpac will continue working with ASIC. However, as foreshadowed in The Australian, ASIC’s case against RAMS may not be the last time Westpac faces heat over the home lending business.

It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. Not all of Westpac ...

In August 2024, Westpac announced it would close the RAMS business including all franchisee offices and the $31.8 billion of existing RAMS loans would be absorbed into Westpac’s loan book. RAMS has ...

Westpac wants to settle the case as soon as possible, and potentially faces a fine of almost $30 million, according to legal experts. “RAMS was completely asleep at the wheel on this.

The Westpac NSW Under 19s Women will be aiming to defend their Shield when they face the Queensland Under 19s Women in the State of Origin Under 19s match on the Sunshine Coast tonight.

Westpac pilots AI assistant to help staff deal with customers who have been scammed Westpac has built an AI assitant to help support staff deal with customers who think they've been scammed.

The LHAC and WestPAC announced their spring sports all-stars for the 2025 spring season. Here is a look at the Somerset County athletes honored by each conference. WestPAC Baseball Shanksville ...

Westpac also denied Ms Aitken’s bullying allegations, and said she received a bonus in 2023 which was $20,000 more than the previous year.

The White House’s disingenuous claim about CBO’s political leanings What the White House calls a “verifiable fact” is a nonsense fact. June 4, 2025 5 min Summary ...