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AMP Bank cuts rates

AMP Bank has joined a host of lenders that have cut fixed rates with a competitive incentive for new customers.

NAB to sell UK loan portfolio

National Australia Bank will sell a £625 million parcel of largely non-performing loans from its UK Commercial Real Estate (CRE) portfolio ...

Murray report leaves non-banks in the dark

Non-bank lender Firstmac has expressed its disappointment with the Murray Inquiry’s interim report for failing to address restrictions to obtaining ADI status.

CBA to launch mortgage app

Commonwealth Bank of Australia is currently working on a mobile app that will track the status of a mortgage application from start to finish.

Banks slam APRA lending guidance

Australian lenders have hit back at the prudential regulator’s draft practice guide on residential mortgage lending for being “unduly prescriptive”.

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