Ian Narev

CBA CEO's bombshell royal commission testimony reveals he pushed for flat-fee model

Matt Comyn worked hard to reform broker remuneration. So why didn't CBA go for it?

"The biggest winners of a fee for service would be the major lenders"

Support for this model stems from the major banks wanting to reduce distribution costs and competition, says Loan Market’s chairman

Could ATM fees be passed on to mortgage customers?

Move to end fees leaves $500m hole that the major banks need to absorb or fill

Commonwealth Bank reports record profit

The major bank has reported its eighth consecutive year of record profit, driven by growth in mortgage and business lending

Commonwealth bank blames coding error for money-laundering suit

Commonwealth Bank of Australia has blamed a software coding error for more than 50,000 alleged breaches of money-laundering and terrorist-financing laws

How the bank levy could end up hitting brokers

As Australia’s government indulges in another round of bank bashing, brokers could get caught in the crossfire, writes MPA editor Sam Richardson

Brokers fear being undercut by banks

Four out of five brokers say their business could be at risk amid growing suspicion of radical changes by the banks

ING and HSBC to gain from Budget bank tax

Big four say Budget’s bank tax will benefit foreign-owned banks rather than Australian non-majors

Banks vow to end percentage-based commission

All four majors to implement recommendations of the Sedgwick Review, including extensive changes to broker remuneration

Are brokers next in line for public scrutiny?

The major banks have never been so under fire from regulators, politicians and the public. Will brokers be next to feel the heat?