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Switching lenders saves Aussies more, says PEXA

More Australians are hunting out the most competitive interest rates and switching lenders to maximise savings, latest PEXA data revealed.

Switching lenders saves Aussies more, says PEXA
PEXA expands UK footprint with latest acquisition

PEXA is taking its digital-settlements skill set into the UK market.

PEXA expands UK footprint with latest acquisition
RBA launches central bank digital currency pilot

The Reserve Bank of Australia has launched a new research project to investigate use cases for a central bank digital currency and its possible economic benefits.

RBA launches central bank digital currency pilot
ACT offers low rate loans to replace combustible cladding

A new, low-interest-rate concessional loan is set to be rolled out by the ACT state government to help apartment building owners remove and replace combustible cladding.

ACT offers low rate loans to replace combustible cladding
40,000 new places open up under Home Guarantee Scheme

From Friday (1 July), 40,000 new places have become available under the federal government’s schemes to help Australians buy their own home.

40,000 new places open up under Home Guarantee Scheme
Westpac expands LMI waiver

More healthcare professionals will qualify for Westpac’s Lenders Mortgage Insurance Waiver, following an expansion to its policy.

Westpac expands LMI waiver
Non-majors lift mortgage and savings rates

After the big four lifted rates by 50 bps, several non-majors have followed suit hiking rates on both mortgages and savings.

Non-majors lift mortgage and savings rates
Lenders roll out cost-of-living incentives to tempt mortgagors

ANALYSIS Mortgage lenders are increasingly offering sweeteners to mortgagors that specifically target cost-of-living concerns, as refinancing competition heats up.

Lenders roll out cost-of-living incentives to tempt mortgagors
APRA to outline crypto expectations to banks

APRA is finalising a letter to banks relaying its expectations around crypto assets and flagging them to “proceed with care”.

APRA to outline crypto expectations to banks
December quarter sees delinquency drop: Fitch

The ratings agency has recorded a quarterly decrease in Australian arrears, forecasting that this trend will largely continue throughout the year. 

December quarter sees delinquency drop: Fitch
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