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CEO of regional bank resigns

The chief executive of one of Australia’s regional lenders today announced his resignation.

Regional bank records 70/30 rates split

Bendigo and Adelaide Bank has seen the proportion of its variable home loans drop and the number of fixed-rate loans increase in the 12 months to June 30.

Mortgage demand still strong

Demand for housing finance ended the 2013/2014 financial year positively with a moderate improvement over the month of June.

Rate war spurs further discounts

Historically low rates and a competitive lending environment are allowing brokers to negotiate even better deals for their clients.

SMSFs preventing economic growth

International financial institution Credit Suisse has blasted SMSFs as one of the major impediments to economic growth in Australia.

Mortgage fraud on the rise

Brokers are being blamed for mortgage fraud following an increase in fraudulent credit applications.

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