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Making news this week (ending 18 November)

Making news in mortgages... Heritage, People’s Choice set to merge, RBA policy path forecasts ‘not for publication’, Australia’s house price falls to accelerate, IMF warns and more.

‘Provisional yes’ as Heritage, People’s Choice set to merge

After months of negotiation, shareholders finally voted on the mutuals’ merger.

RBA policy path forecasts ‘not for publication’

While the central bank will continue to publish forecasts regularly, it probably won’t be about its policy strategy, it has explained.

Australia’s house price falls to accelerate, IMF warns

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The world bank has warned the Reserve Bank of Australia must continue to “raise interest rates” to rebalance domestic demand and keep inflation anchored.

Major banks settle CCI class action for $126m

Three major banks have agreed to settle a class action relating to the sale of three consumer credit insurance products.

 

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