The Northtown branch of Westpac may close next year.JOHN BISSET / Stuff Westpac’s Northtown Timaru branch may be closed in February, with the number of over the counter transactions decreasing ...

(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 ...

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 Wednesday.

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.

(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 ...

FILE PHOTO: A Westpac logo is seen on a building in Sydney, Australia, May 5, 2025. REUTERS/Hollie Adams/File Photo. By Sneha Kumar and Byron Kaye ...

Westpac sued by ASIC over ‘systemic’ failures at RAMS. James Eyers Senior Reporter. Updated Jun 4, 2025 – 4.11pm, first published at 8.41am. Save.

The unit will resolve the matter through agreed civil penalty proceedings filed by the Australian Securities and Investments Commission (ASIC) in the Federal Court, based on allegations of systemic ...

The average age of first-home buyers in New Zealand continues to creep higher as housing affordability remains elusive for many, new property data shows.

Staff at Westpac’s RAMS home loan franchises submitted fake payslips from employers that did not exist to get mortgage applications over the line, the corporate watchdog says in a new court case ...