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Government pushes forward with Digital ID 

Legislation has been presented before the Senate that aims to “strengthen and expand Australia’s Digital ID System” and could ...

Auswide Bank appoints next CEO 

The lender has revealed its next managing director and chief executive.

November property prices hit record highs

National home prices have reached new heights for the month despite rising interest rates and an easing in price growth.

CBA mortgage book holds steady in October: APRA

The major bank’s loan book has recorded a slight increase, breaking three consecutive months of declines.

Dynamoney appoints new chairman 

The recently rebranded SME lender has revealed its new chair following the retirement of John Murphy.

Firstmac completes $300m auto ABS issue

The non-bank lender has completed its second-ever auto ABS transaction at $300 million.

Monetary policy ‘taming the inflation beast’: CreditorWatch

The central bank’s rate hikes appear to be working as intended to mitigate inflation, CreditorWatch’s chief economist has ...

Financial hardship rises for sixth consecutive quarter: NAB 

The major lender has found the number of Australians who have experienced financial hardship rose to 44 per cent in Q3 2023

NSW government announces plans to fast-track low to mid-rise housing

The Minns government has announced plans to tackle housing supply issues by fast-tracking the creation of new homes.

In Memoriam: Cameron Small, 1969–2023

Cameron Small, a long-serving member of the finance industry and experienced CFO, has passed away at the age of 54.

Heritage and People’s Choice reveals new name

Following the merger of Heritage Bank and People’s Choice Credit Union, the mutual lending group has unveiled what its new ...

Help to Buy package to be introduced this week

This week, legislation to create the federal government’s shared equity scheme for home ownership will be introduced to ...

WLTH acquires Mortgage Mart

The neo-lender has acquired the mortgage manager in a move to “create greater competition” and a broader range of solutions ...

Plenti enters partnership with major bank

The fintech lender has entered a strategic partnership with a major bank to launch a new car and electric vehicle loan.

Mortgage serviceability continues to deteriorate: ANZ/CoreLogic

The income needed to service new mortgages on the average dwelling value has increased year on year, a new report has found

Arrears plateaued in 3Q23: S&P

The majority of borrowers have remained resilient in the wake of rising interest rates, the credit ratings reporter has found

Auswide Bank ‘relieved’ it didn’t offer cashbacks

The lender’s outgoing MD has flagged ongoing cost pressures in mortgage lending, adding he was “relieved” the bank did not ...

New RBA deputy governor appointed

The newly appointed deputy governor of Australia’s central bank has more than 30 years of experience with the Bank of England

Summerland Bank eyes growth through broker channel

The customer-owned bank has revealed it is overhauling its loan origination system and looking to grow its broker presence as ...

Banks launch ‘new offensive in the war on scams’

A fraud protection endeavour has been launched, including a $100 million investment to create a new confirmation of payee ...

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