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Mar 10 2020
The Commonwealth Bank of Australia (CBA) has announced it has slashed interest rates on some of its savings accounts as it seeks to recoup some of the costs from cuts to the cash rate.
Mar 10 2020
Incumbent banks need to leverage data technology to improve product innovations and stay ahead of upstart challengers, according to enterprise data company Cloudera.
Mar 10 2020
The number of auctions held across the country fell week-on-week, however clearances have continued to hold above 70 per cent.
Mar 9 2020
The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.
Mar 9 2020
COBA has called on policymakers to reconsider the timing of the incoming wave of regulatory reforms, as smaller lenders battle to maintain profitability in a record-low interest rate ...
Mar 9 2020
The average SME waits 56 days to receive payment for good and services, almost double what the ombudsman has called for, new research suggests.
Mar 6 2020
The non-majors have joined their peers in repricing their mortgage offerings following the Reserve Bank’s cut to the cash rate.
Mar 6 2020
The non-major has entered into partnerships with the firms as part of its “transformation” into a “digital challenger bank”.
Mar 5 2020
The US central bank has cut rates by 50 bps ahead of its scheduled monetary policy board meeting in response to escalating economic fears regarding the coronavirus outbreak.
Mar 5 2020
Australia’s GDP rose above expectations in the December but mounting global economic risks are set to weigh on growth in the coming quarters, according to analysts.
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