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Economy

Major bank CEO named ABA chair

The chief executive of a big four bank has been named the new chairman of the Australian Bankers’ Association.

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Industry figures react to RBA rate decision

Industry professionals say there is no surprise that the Reserve Bank decided to leave the official cash rate unchanged at 2.0 per cent for the seventh consecutive month.

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RBA makes call on cash rate

The Reserve Bank of Australia has made its final interest rate decision of the year at its monthly board meeting.

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RBA surprises market with cash rate call

The Reserve Bank of Australia has made its final interest rate decision of the year at its monthly board meeting.

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RBA shocks market with cash rate call

The Reserve Bank of Australia has made its final interest rate decision of the year at its monthly board meeting.

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Aussie billionaire backs bank disruptor

An Australian technology entrepreneur is among a handful of investors who have forked out $100 million to fund a local business that will take on the big banks.

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Analysis: Packer enters mortgage market

A listed online real estate group, which boasts James Packer as one of its largest shareholders, has announced a major partnership as it looks to enter the home loan market.

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Reserve Bank set to hold cash rate

RBA governor Glenn Stevens has seemingly ruled out a cut to the official cash rate today, according to HSBC Global Research.

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BOQ appoints new director

Bank of Queensland (BOQ) has appointed a former general manager of CBA and HSBC Bank Australia as its new non-executive director.

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Investor rate changes driven by margin, says bank chief

An Australian challenger bank has conceded that a contraction in margins forced lenders across the industry to reprice their investor home loans earlier this year.

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