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Major bank slashes floor rate

A big four bank has updated its home loan serviceability assessment policy for the second time in response to APRA’s regulatory amendments.

Lenders charging loyalty tax, confirms RBA

The central bank has urged borrowers to “shop around” for a lower rate amid new data that sheds light on the interest rate gap between new and existing customers.  

Leveraged appoints new head

Bendigo and Adelaide Bank subsidiary Leveraged Equities Ltd has announced the appointment of Lily Elliott as its new head.

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LATEST PODCAST: ASIC releases draft best interests duty guidance

Do you think Australia will move to quantitative easing this year?

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