WiseTech Shares Plunge on ACCC Raid — as It Happened

Australian Regulator Finds Mortgage Fraud Across Major Banks

Australia’s financial crimes agency has identified coordinated mortgage fraud that could reach into the hundreds of millions of dollars following a review of the country’s major banks.

Australia’s housing market riddled with fraudulent loans worth hundreds of millions of dollars, watchdog reveals

The suspected fraud is not limited to one bank or lender, showing it is potentially widespread.

AUSTRAC reveals mortgage fraud across major banks

Australia’s financial crimes agency has identified co-ordinated mortgage fraud that could reach into the hundreds of millions of dollars following a review of the country’s major banks.

WiseTech shares plunge on ACCC raid — as it happened

The competition watchdog has executed a search warrant at WiseTech Global. The Australian share market fell for a sixth consecutive day following another weak session on Wall Street. Look back at the day's markets and economics news on the ABC blog.

AUSTRAC makes hundreds of referrals amid huge mortgage fraud probe

The financial crime agency’s chief executive says Operation Claw has uncovered widespread vulnerabilities, including instances of money being moved from China.

'Potentially hundreds of millions of dollars worth of suspected fraudulent loans'

AUSTRAC 'uncovers coordinated mortgage fraud and systemic weaknesses across Australia’s lending sector' as NZ regulators spend more time on mortgage fraud cases