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Economy

18 December 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.

17 December 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 ...

17 December 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.

16 December 2019

APRA has released an updated prudential standard for ADIs, outlining new credit risk management requirements.

13 December 2019

A lender has announced the appointment of a new chief executive officer.

13 December 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.

13 December 2019

The wealth and banking group has announced the latest addition to its board of directors and the retirement of a board member after three years of service.

12 December 2019

Non-bank lender Firstmac has completed a residential mortgage-backed securities issuance of $1.1 billion, bringing the total amount raised by the company this year to $3.5 billion.

11 December 2019

Almost two-thirds of home owners are making improvements to their home ahead of the Christmas period, according to new research.

11 December 2019

The property valuation firm has commenced operating under a new business name.