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Latest News

86 400 shareholders approve NAB deal

The shareholders of the neobank have agreed to the scheme of arrangement that would see NAB acquire all the issued share capital in the company.

ANZ becomes third-largest mortgage lender

The big four bank has reclaimed its title as Australia’s third-largest mortgage lender after strong home loan growth, particularly from the broker channel.

APRA flags higher LVR rise in mutuals

APRA has questioned whether mutual banks are assuming more risk for market share after noting a rise in loans with LVRs of 90 per cent or more.

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