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BNK Group signs first RMBS program

The listed bank has announced that it has signed definitive legal documents to establish its first warehouse and securitisation program, worth $250 million.

BNK Group signs first RMBS program
Mortgage industry urged to get fit to raise funds for vulnerable girls in Africa

Mortgage and finance professionals are being called on to take part in a sponsored fitness challenge in March to help combat FGC and child marriage in Kenya.

Mortgage industry urged to get fit to raise funds for vulnerable girls in Africa
86 400 partners with data analytics firm

The neobank has teamed up with a data aggregation platform to allow its customers to view all their accounts in one place.

86 400 partners with data analytics firm
YBR reports loan book growth

The diversified mortgage business has reported a slight increase in its loan books for FY20, while monitoring for potential COVID-19 impacts.

YBR reports loan book growth
Business credit growth slips deeper into negative territory

The Reserve Bank has reported a second monthly contraction in business credit growth, with “very high” uncertainty off the back of the COVID crisis dampening demand for finance.

Business credit growth slips deeper into negative territory
Private sector sees green shoots of growth

There are signs of a return to growth in Australia’s private sector output, particularly the services sector, as coronavirus restrictions are loosened, according to new research.

growth
Owner-occupiers drive book growth for big 4

All four major banks have reported growth in their owner-occupied portfolios, driven by a spike in refinancing activity amid the COVID-19 crisis.

Owner-occupiers drive book growth for big 4
Business credit growth hits 30-year high

Business lending volumes have surged in response to cash flow issues arising from the COVID-19 crisis, data from the Reserve Bank has revealed.

Business credit growth hits 30-year high
Weak population growth to increase strain on home prices

The looming slide in housing market activity in response to the COVID-19 crisis could be exacerbated by weaker than average population growth, according to a Domain economist.

suburbs
Former TAS leader appointed to Business Growth Fund

The federal government has appointed a former Tasmanian premier as the inaugural chair of the Australian Business Growth Fund.

Will Hodgman
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