http://www.lendingcentral.com/2009/10/14/cba-fined-100k-for-alleged-breach-of-disclosure/ The first word in mortgage news Thu, 18 Mar 2010 04:49:15 +0000 http://wordpress.org/?v=2.5.1 http://www.lendingcentral.com/2009/10/14/cba-fined-100k-for-alleged-breach-of-disclosure/#comment-20540 wayne Wed, 21 Oct 2009 03:36:09 +0000 http://www.lendingcentral.com/?p=3172#comment-20540 $100.000 what a Joke ralph norris earns $153,486 per week ( yes thats right ) the CBA would be luaghing there heads off $100.000
what a Joke ralph norris earns $153,486 per week ( yes thats right )
the CBA would be luaghing there heads off

]]> http://www.lendingcentral.com/2009/10/14/cba-fined-100k-for-alleged-breach-of-disclosure/#comment-20222 Savvy Investor Fri, 16 Oct 2009 06:23:23 +0000 http://www.lendingcentral.com/?p=3172#comment-20222 "...the net impact on our overall profitability was not material.” - That is for the market and ASIC to decide, not for them to withhold when they have a clear obligation to tell immediately. “…the net impact on our overall profitability was not material.” - That is for the market and ASIC to decide, not for them to withhold when they have a clear obligation to tell immediately.

]]> http://www.lendingcentral.com/2009/10/14/cba-fined-100k-for-alleged-breach-of-disclosure/#comment-20142 Mae Thu, 15 Oct 2009 02:18:44 +0000 http://www.lendingcentral.com/?p=3172#comment-20142 Lets hope the new national credit code works against 'em. Lets hope the new national credit code works against ‘em.

]]> http://www.lendingcentral.com/2009/10/14/cba-fined-100k-for-alleged-breach-of-disclosure/#comment-20109 Marcus Wed, 14 Oct 2009 22:17:43 +0000 http://www.lendingcentral.com/?p=3172#comment-20109 Not surprising as they're the dominant lender in the market & growing bigger still. They are a law unto themselves & are writing their own rules. This will not deter them as it is only a drop in the ocean & wrap across the knuckles to them. Someone in govt or the regulators has just got to wake up & reign them & the other Majors into line. Also to rectify the imbalance b/w the major & second tier lenders in the industry. Not surprising as they’re the dominant lender in the market & growing bigger still. They are a law unto themselves & are writing their own rules. This will not deter them as it is only a drop in the ocean & wrap across the knuckles to them. Someone in govt or the regulators has just got to wake up & reign them & the other Majors into line. Also to rectify the imbalance b/w the major & second tier lenders in the industry.

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