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The future of banking and financial services

Let’s take a peek into the future of banking.

James Steer
Non-major lifts margin by 20bps

A regional bank has managed to increase its net interest margin over the six months to 28 February, despite the low-rate environment.

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Virgin to relaunch home loans

The owner of Virgin Money Australia has announced that the group will relaunch mortgages within 12 months.

mortgagebusiness
Matching the right clients with debtor finance funding options

As more brokers become aware of the opportunities debtor finance can offer their clients, it’s important for the industry to support them with insights and information to ensure that the ...

Peter Langham, brokers, debtor, finance, finance funding,
Housing finance tipped to fall

A leading economist has forecast tomorrow’s housing finance figures will fall, following strong gains in December.

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Analysis: Margin squeeze forcing consolidation

Low rates are squeezing margins across the industry, leading to an increase in M&A activity as smaller lenders struggle to survive.

mortgagebusiness
Westpac home finance manager banned

ASIC has permanently banned a Sydney-based former Westpac finance manager following a conviction for fraud.

mortgagebusiness
AFG responds to acquisition rumours

Mortgage aggregator AFG has spoken out about speculation that a major bank is planning a takeover.

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Google launches mortgage calculator

Internet giant Google has launched a mortgage calculator as a free new addition to its search engine options.

mortgagebusiness
Macquarie strengthens distribution with YBR acquisitions

Macquarie Bank is bolstering its mortgage distribution through white-labelled Yellow Brick Road and Vow Financial home loans.

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