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Judo Bank launches $400m capital raise

The challenger bank has launched its third round of capital raise, with the aim of raising $400 million to fund its national expansion.

AMP hit with $5m penalty

The Federal Court has ordered the wealth giant to pay a $5-million penalty after the bank failed to prevent its financial planners from engaging in insurance churn.

RBA weary of rate-driven mortgage boom

“It is possible to have too much of a good thing,” RBA governor Philip Lowe has warned in reference to a rate-induced spike in housing credit demand.

Genworth cashes in on market rebound

The lender’s mortgage insurance company has reported a 60 per cent increase in its statutory profit and has also announced the appointment...

ACCC publishes CDR rules

The competition watchdog has published the framework governing the consumer data right, which includes rules around the sharing of interest ...

CoreLogic poaches ex-ANZ head

The property research group has announced the appointment of a former ANZ head as its new general manager of banking and finance.

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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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