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Major broker to use predictive analytics

A listed mortgage group has revealed plans to provide predictive and reactionary analytics as it transitions to the cloud.

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Genworth loses major bank contract

LMI provider Genworth has conceded it will feel the “full effect” of a major bank’s decision to terminate its agreement with the group.

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Analysis: Lack of animal spirit has big banks spooked

Weak confidence has been a recurring theme among Australian banks this reporting season.

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End first home buyer ‘discrimination’, says peak body

The federal government has been urged to lead the push for a national first home owner grant system that would apply to all housing.

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Homeloans Ltd acquires non-bank

Non-bank mortgage provider Homeloans Limited has acquired one of Queensland’s longest-established non-bank lenders.

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Big four pocket billions from borrowers

The major banks have kept an estimated $7 billion from their variable-rate home loan customers by not passing on the full Reserve Bank cash rate cuts since November 2011, according to ...

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Major bank announces new CEO

One of Australia's big four banks has announced the appointment of a new chief executive officer.

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ME Bank continues student offer

ME Bank and the Co-op will continue their partnership for a second year after signing up over 9,000 members to the new joint ME Bank Debit MasterCard and Co-op membership card in 2014.

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Rate cut call strengthened by rise in unemployment

Australia’s estimated seasonally-adjusted unemployment rate for January was 6.4 per cent, according to the Australian Bureau of Statistics.

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Auction volumes: Adelaide up, Melbourne down

Auction volumes are currently tracking around 8 per cent lower across capital cities than at this time last year.

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