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Dec 20 2019
The central bank’s board has stated that it would “reassess the economic outlook” in February amid growing expectations of additional cuts to the cash rate.
Dec 18 2019
The board of ANZ Bank New Zealand has appointed Antonia Watson as CEO.
Dec 18 2019
The rate of borrowers refinancing their mortgage with another lender has increased for the fifth consecutive month, new ABS statistics have revealed.
Dec 18 2019
The growing availability of consumer data is threatening the banking sector’s “historic advantage” in the credit risk assessment space, according to the RBA.
Dec 18 2019
ASIC has signed off on the updated version of the ABA’s Banking Code of Practice, which aims to better align with recommendations passed down by commissioner Kenneth Hayne.
Dec 17 2019
The Australian Business Securitisation Fund is now accepting proposals from SME lenders wishing to access the fund’s investments in securitisations of loans, including via warehouse ...
Dec 17 2019
The ASX/InfoTrack-backed electronic settlement service Sympli has successfully settled its first loan, with ANZ and two Gold Coast law firms settling on a Queensland property.
Dec 16 2019
APRA has released an updated prudential standard for ADIs, outlining new credit risk management requirements.
Dec 13 2019
A lender has announced the appointment of a new chief executive officer.
Dec 13 2019
Interest rate cuts and changes to mortgage serviceability guidance have not been enough to spark a quarter-on-quarter increase in home loan volumes, according to the latest APRA data.
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