Via The Australian:
The corporate regulator is squaring up for a responsible lending case against Westpac Bank in May, after an embarrassing setback in the Federal Court last month.
The Australian understands the Australian Securities and Investments Commission and Westpac will now face a case management meeting on April 12 and then attend an eight day hearing starting on May 6.
It’s unclear whether this is a new hearing or another attempt to get the former $35m settlement cleared.
Either way, a corrupt RBA will no doubt be spewing.