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ASIC slams school banking programs

ASIC’s review of school banking programs has found that these schemes do not improve children’s savings habits.

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Plenti sets up $100m green warehouse facility

The fintech lender has secured a second warehouse facility for renewable energy and personal lending.

Plenti sets up $100m green warehouse facility
How will industry consolidation impact broker businesses?

Promoted by Mortgage Advice Bureau It’s a question many brokers should be asking themselves as aggregators and brokerages continue to merge. But there is an alternative solution for brokers ...

How will industry consolidation impact broker businesses?
APRA consults on capital framework changes

Banks may have to hold a large share of their required capital as “buffers” as part of proposed changes to the prudential regulator’s ADI capital framework.

APRA consults on capital framework changes
APRA consults on updates to credit standards

The prudential regulator is updating its credit risk management standard, and may also look to amend the residential mortgage lending guidance, following the removal of responsible lending ...

APRA consults on updates to credit standards
Women making faster financial progress post-COVID

Women have bounced back from the financial impact of the pandemic significantly faster than men, according to the Financy Women’s Index.

Women making faster financial progress post-COVID
Over half of all Aussies at risk of vulnerability: survey

More than a quarter of all Australians have experienced vulnerability, while over half the population in Australia are experiencing vulnerability risk factors, according to research.

Over half of all Aussies at risk of vulnerability: survey
NextGen.Net launches benchmark reporting

Mortgage lending technology provider NextGen.Net has launched an industry benchmark report for lenders to help them "prioritise and facilitate change".

NextGen.Net launches benchmark reporting
Prepare for ‘big, disruptive events’, says APRA

APRA’s chair has told financial services players that they should be preparing themselves for the next black swan events, particularly focusing on capital, liquidity and climate risk ...

Prepare for ‘big, disruptive events’, says APRA
House prices to surpass pre-COVID levels in ‘early 2021’

The recovery in Australian house prices continued in November, with CoreLogic stating that house values look set to surpass their pre-COVID highs in the first quarter of 2021.

House prices to surpass pre-COVID levels in ‘early 2021’
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