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ANZ sells stake in Royal Bank

The major bank has announced that it has completed the sale of its stake in ANZ Royal Bank to a Japanese trust.  ...READ MORE

‘Modest uptick’ in mortgage delinquencies predicted

Impact of moderating house prices and the conversion of a large number of interest-only loans on delinquencies will be ...READ MORE

SME loan marketplace partners with new financier

Small-business loan marketplace ebroker has announced that it has secured a new partnership with a non-bank lender in re...READ MORE
Apartment construction

Non-bank lists ‘no-go zones’ for construction loans

Chifley Securities has revealed its list of “high-risk” suburbs and “no-go zones” for financing residential deve...READ MORE

NAB flags large-scale customer data breach

The major bank has revealed that the private information of approximately 13,000 of its customers has been uploaded to t...READ MORE
Credit Suisse

Credit Suisse confirms new Australian CEO

Credit Suisse has announced the appointment of a senior banker from Deutsche Bank in Hong Kong as the CEO of it...READ MORE

SME lender changes name to reflect new vision

Lending Express has been rebranded to Become to reflect that it offers “much more than just speed” to small business...READ MORE

Brisbane could see biggest house price spike

Brisbane could be the “winner” in the next stage of the housing cycle, with prices expected to rise by up to 120 per...READ MORE

AMP modelling shows impact of extra repayments

An extra $50 per week in mortgage repayments could shave nearly $47,000 off the total interest paid over the life of an ...READ MORE

Housing affordability comparable to 1999 levels

Descending house prices, income growth and lower interest rates are among the factors that have contributed to improveme...READ MORE

La Trobe unveils new investor product

The non-bank lender has announced the launch of a new product aimed at providing property investors with a “stable sou...READ MORE

APRA to begin publishing credit union data

The prudential regulator has announced that it would include additional data in its banking statistics publication.  ...READ MORE
Farm tractor

Government’s FMD scheme ‘not been fully effective’

The administration of the $6.6 billion Farm Management Deposit Scheme “has not been fully effective”, the ANAO has s...READ MORE
Empty wallet

A third of Aussies ‘embarrassed’ by financial situation

About one in three Australians is “embarrassed” by their financial situation and habits, according to a new report....READ MORE

ANZ the last major bank to cut savings rates

The last of the big four banks has slashed interest rates on its savings accounts. READ MORE


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