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Beyond Bank partners with Frollo to develop app

The customer-owned bank has furthered its arrangement with the fintech, commencing a pilot for a new consumer-focused app

Lowe slams another 50-bp cash rate on Australians

RBA governor Philip Lowe has delivered its third consecutive cash rate hike as it attempts to slow down rising inflation.

Home loan commitments increase after April tumble

Home loans commitments took a positive turn in May following a fall in April, new data reveals.

Cash rate hike prediction steers towards 50 bps

Economists from three of the big four banks expect the Reserve Bank will hand down a similar cash rate hike of 50 bps today ...

Westpac Group to close more than 20 branches

The banking group has confirmed it will be closing branches under the Westpac, Bank of Melbourne or St.George brands in more ...

Clearance rates at lowest level since April 2020

Both auction activity and preliminary clearance rates dropped drastically nationwide last week, continuing a downward trend

‘Democratising’ data: Assistant Treasurer celebrates non-majors’ CDR anniversary

The federal minister for financial services has praised the inclusion of non-major banks in open banking one year since it ...

ARCA names next CEO

The retail credit association’s next chief executive has been revealed, with chair Peter Wilson appointing Elsa Markula to ...

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 ...

Positive uptick in home lending: APRA

The big four banks continue to dominate the mortgage market with three reporting an increase to their home loan books over ...

Sydney, Melbourne drive housing value downturn over June

Australia’s two largest cities reported losses of over 1 per cent during the first month of winter, according to a new ...

Housing prices cool at fastest rate in over 30 years

The first month of winter was one where value growth continued to freeze, marking Australia’s “sharpest slowdown” in more ...

‘The time is right’ for blockchain: REIA

The use of blockchain in property transactions could “completely improve and grow trust” in the real estate sector and ...

40% leveraging home equity to get ahead on repayments: NAB

Over four in 10 home owners are using the equity in their home to get ahead on their mortgages, a NAB survey has found.

Bendigo and Adelaide names 1st business, agribusiness fusion head

Less than five months after its business and agribusiness divisions were joined, the banking group has appointed the ...

Beyond Bank eyes digital end-to-end processing

The mutual bank has expanded its partnership with NextGen in a bid to establish a complete end-to-end origination and ...

Volt Bank to exit banking industry

Neo-lender Volt Bank is handing back customer deposits and will exit the banking industry, it has been revealed.

More than 20% of homes sell for more than $1m

A record number of Australians spent $1 million or more to secure a home in the past year, according to new CoreLogic data

ASIC wins Cigno appeal

ASIC has succeeded in its appeal over breaches of consumer credit provisions by short-term lenders Cigno and BHF Solutions.

Bendigo and Adelaide confirms partnership with Sandstone

The non-major bank has integrated the fintech’s loan origination platform in a move to introduce a “one-platform, ...

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