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ACCC postpones CDR launch

The competition watchdog has deferred the commencement date for the consumer data right to “allow additional implementation work”.

Postpone
ASIC opens consultation on new credit product powers

The regulator has invited stakeholder feedback on new powers that would impose product design obligations on credit providers.

ASIC
APRA launches probe into major bank

The prudential regulator has commenced an investigation into a big four bank to identify possible breaches of the Banking Act while also requiring the bank to hold an additional $500 million ...

APRA launches probe into major bank
How to leverage voice-of-customer insights in ways that even the big banks can’t

Sarah Barnett discusses how aggregators are uniquely placed to capture and act on voice-of-customer insights to establish a sustainable competitive advantage.

How to leverage voice-of-customer insights in ways that even the big banks can’t
MoneyMe IPO to fund product expansion

The newly listed fintech is looking to tap into “unmet demand” by expanding its credit product range.

MoneyMe
New eligibility tool launches for FHB deposit scheme

The NHFIC has launched an online questionnaire to help first home buyers assess their eligibility for the government’s first home loan deposit scheme.

New eligibility tool launches for FHB deposit scheme
Macquarie’s market share propelled by turnaround times

The non-major bank has attributed growth in its share of the mortgage market to a targeted effort to reduce processing times for home loan applications.

Macquarie
BOQ halts trading, launches capital raising

The non-major suspended trading on Monday to raise $275 million from investors, in a bid to strengthen its capital position.  

ASX stockboard
New class action launched against ANZ, Westpac

Law firm Slater and Gordon has launched two new class actions against the major banks relating to the alleged mis-selling of consumer credit insurance.

ANZ and Westpac
NHFIC launches $315m bond issue

The national housing body has released its second bond issue, the equal-largest social bond for housing in Australia.

Australian dollars
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