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Economy

Deutsche Bank CEO joins Westpac

The chief executive of Deutsche Bank, Australia and New Zealand, has joined Westpac’s executive leadership team.

Deutsche Bank CEO joins Westpac
Government confirms record-high budget deficit

The federal government has released its economic and fiscal update, revealing the extent of the impact of the COVID-19 crisis on the nation’s balance sheet.

Government confirms record-high budget deficit
Volt Bank adopts IBM fraud protection solution

The neobank has partnered with the technology giant to embed its fraud protection solution into its online banking platform.

Volt Bank adopts IBM fraud protection solution
Loan deferral strategy to flatten the curve: APRA

APRA chair Wayne Byres has defended the regulator’s decision to extend capital concessions for loan repayment holidays.

Loan deferral strategy to flatten the curve: APRA
Credit crunch could ‘exacerbate’ price falls

Housing demand could be hit with a “double whammy”, with tighter lending standards threatening to darken the outlook for property prices, according to a senior economist.

Credit crunch could ‘exacerbate’ price falls
JobKeeper extended to 2021

The federal government has extended JobKeeper payments beyond September to 2021, while simultaneously scaling down the payment amounts.

JobKeeper extended to 2021
RBA acknowledges HomeBuilder boost

The central bank has observed an increase in buyer interest following the rollout of the HomeBuilder package.

RBA acknowledges HomeBuilder boost
“Finally, we have a marketing partner that gets us and gets the industry.”

Promoted by Social Broker Australia’s most innovative content marketing agency for finance professionals is changing the way brokers market themselves online. By outsourcing to Social ...

Social Broker websites and social media for mortgage brokers review
Rental demand falls amid COVID-19

The COVID-19 pandemic has led to a fall in demand for rental properties, while an oversupply of properties is making it cheaper to rent in inner Melbourne and Sydney, according to a new ...

Rental demand falls amid COVID-19
Melbourne lockdown to drag clearance rates

Auction withdrawals remain comparatively high in Melbourne amid the coronavirus lockdown, and this will likely drag down clearance rates.

Melbourne lockdown to drag clearance rates
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