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Making news this week (ending 7 October)

Making news this week... new regulations announced in the wake of the Optus breach, banks told to "do more" amid regional branch closures, commentators weigh in following rate hikes, and more. 

 

Optus data to be shared with banks

In the wake of the Optus breach the federal government has announced new temporary regulations, which would give banks access to Optus customers’ data.

Banks told to "do more" amid regional closures

Seven recommendations have been put forward by the Regional Banking Taskforce to better support those impacted by bank closures in regional communities.

How RBA's rate move will impact mortgagors

md discover

Following the RBA's October cash rate decision, several commentators have flagged the dollar impact to borrowers.

Refinancing hits new record high: ABS

The value of owner-occupier refinances set a new record high in August, after $18.8 billion of mortgages were moved across lenders, according to new data.

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