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APRA issues capital framework changes update

APRA has intended to change the definition of long-term interest-only home loans following industry feedback to proposed changes to its ADI capital framework.

Afterpay to roll out banking app

The BNPL service provider is going to enter the banking space with the launch of savings accounts and its Money app in October 2021.

Home buying intentions wane: CBA

Home buying spending intentions declined in June compared with last year, halting months of an upward trend, according to new research.

NHFIC backs stamp duty removal

Axing stamp duty would lead to more efficient use of Australia’s housing stock and reduce volatility for state and territory revenue, acc...

Aus house prices to swell by 16%: Fitch

Ratings agency Fitch has raised its forecast house price movements for Australia, predicting prices will escalate by as much as 16 per cent in 2021.

ANZ to commence $1.5bn buyback

The big four bank will buy back up to $1.5 billion of shares, suggesting it can look out for both shareholders and customers through the current lockdowns.

ASIC releases dispute resolution guide

The regulator has published its draft standards for internal dispute resolution reporting, which will be tested in a pilot across the financial industry in coming months.

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