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Auswide Bank eyes third-party channel to grow loan book

Having achieved its strongest-ever loan book growth in the financial year 2023, the ASX-listed lender is now focusing on ...

Bluestone updates SMSF policies 

The non-bank lender has recently introduced significant changes to its lending policy, aiming to provide increased ...

RBA records $6bn in losses due to rate rises

The central bank has recorded substantial losses over 2022 and 2023, but assures it can still perform its key policy ...

November sellers achieve highest prices: PropTrack

Sellers should aim to sell in November, according to PropTrack, with the month achieving the highest national price ...

Risk, cost and low awareness slowing open banking

Open banking adoption has been slowed by concerns about competitive disadvantage and a lack of awareness, according to open ...

Firstmac prices $500m RMBS issue

The non-bank lender has confirmed it has successfully priced an RMBS issue priced at over $500 million.

Mutual lender reports strong mortgage growth following merger

The mutual banking group achieved strong home loan growth in the financial year 2023, according to its inaugural annual ...

Properties sell faster amid increasing house prices

As property values have nearly recovered their losses incurred in 2022, the number of days a property remains on the market ...

Labour market remains tight over September: ABS

The latest ABS data has revealed a small decrease in the unemployment rate in September.

BNK appoints new CFO

The banking group has announced Stephen Kinsella will be stepping into the role of chief financial officer.

APRA confirms bank branch closure trend

More than 400 bank branches closed across Australia in the year to 30 June 2023, despite three of the four major banks ...

AMP reports loan book lift in 3Q23

The non-major bank has announced its total loan book grew during the third quarter of 2023.

MA Financial Group unveils new logo

The group has announced refreshed branding along with a new logo to increase brand awareness.

Dwelling commencements fell in June quarter: ABS

The latest ABS data has revealed a drop in dwelling commencements for the June quarter.

Lending sector is ‘biggest opportunity’ in open banking: Frollo

While the government focuses on fixing underlying issues in open banking, opportunities in the sector are expanding.

RBA’s ‘low tolerance’ for inflation increases hike risk: economists

The minutes of the October RBA board meeting have revealed a decreasing tolerance for a slower return to the inflation target

300% surge in deposit bond inquiries: Deposit Power

The deposit bond provider has observed a spike in interest for deposit bonds from home buyers.

New CEO announced for Teachers Mutual Bank

A former major bank executive has joined the mutual bank as its new chief executive ahead of the retirement of long-serving ...

Consumer credit stress still hasn’t peaked: illion 

“No real evidence” that a turnaround in credit stress is in sight, according to the credit bureau.

Granny flats tipped as housing solution

New analysis has revealed the potential for newly constructed granny flats in the three largest capital cities to alleviate ...

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