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Valiant secures $12.5m equity raise

The online SME loan comparison platform has announced that it has closed a $12.5-million series B equity funding, with Salesforce and ANZ supporting the funding round.

Handshake
Auction clearance rates hold steady

Capital city preliminary clearance rates decreased marginally from last weekend but remained relatively steady week-on-week.

For sale sign
RBA granted ‘short-term breathing space’ in march to QE

The central bank may put its march into negative rate territory on hold in light of the latest labour market data, but quantitative easing remains on the table, according to analysts. 

RBA
ABA and publishing house tackle elder financial abuse

The ABA and a publishing company joined hands to launch a campaign to stop elder financial abuse.

ABA and publishing house tackle elder financial abuse
Government blasted for ‘bank bashing’

The chairman and CEO of a non-major bank has called for an end to political “point scoring” at the expense of Australia’s banking system, amid continued scrutiny over the industry’s mortgage ...

MyState Limited
‘Devil’s in the details’: Senators scrutinise FHB scheme

A Coalition MP has revealed that the 10,000-loan cap for the government’s FHB scheme was designed to appease LMI providers, in the heat of debate surrounding the details of the bill.

Senate
Government urged to accelerate financial services reform

The federal government has been urged to take “immediate action” on the reform agenda set by the banking royal commission.

Parliament house
One in five consumers to switch banks

With open banking due to be introduced in February 2020, Deloitte studied how consumers are likely to react to the sharing of their banking information.

Deloitte
APRA urges higher capital against NZ subsidiaries

The prudential regulator has proposed major banks with large investments in New Zealand should increase capital.

APRA
ACCC urged to break big 4 dominance

The chief executive of a non-major bank has called on the ACCC to remove the “too big to fail” advantage of the big four banks, amid the launch of the new mortgage pricing inquiry.

David Carter
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