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Major banks launch mouse plague support

The big four have rolled out new measures aiming to relieve customers hit by the mouse plague, with consumers and businesses being encouraged to ask for loan repayment deferrals and waived ...

Major banks launch mouse plague support
New lender for land lease loans launches

Seniors lifestyle communities developer Ingenia Communities has partnered with a fintech start-up to launch a funding solution for prospective residents of land lease communities.

New lender for land lease loans launches
Responsible lending hasn’t blocked consumer credit: ASIC

Lenders have given no indication that responsible lending obligations have clogged the supply of consumer credit, an ASIC commissioner has said, as the regulator eagerly awaits the fate of ...

Responsible lending hasn’t blocked consumer credit: ASIC
Wisr closes $50m raise

The listed lender has raised $50 million, with plans to build out the company as it swings for a $1-billion loan book.

Wisr closes $50m raise
Tighter lending policy due in 1H 2022: Westpac

Westpac has said that moves to tighten lending standards could come earlier than it previously predicted amid a stronger than expected surge in house prices.

Tighter lending policy due in 1H 2022: Westpac
NAB exits wealth

The big four bank has completed the sale of investment and superannuation arm MLC to wealth juggernaut IOOF.

NAB exits wealth
Investor lending continues rise: APRA

Loans for investment property continue to gain pace, while owner-occupied lending slowed in April, according to new APRA data. 

Investor lending continues rise: APRA
CBA charges ahead with digital strategy

Commonwealth Bank has promised that its pivot towards increased digitisation will speed up turnaround times, as it has launched an open banking pilot in its app and invested in two start-ups

CBA charges ahead with digital strategy
Citi lowers variable and fixed rates

The non-major bank has lowered its variable interest rates by up to 15 basis points and decreased its one-year and two-year fixed rates by 0.10 per cent.

Citi lowers variable and fixed rates
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