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Lending bounces amid house price rebound: APRA

Both owner-occupier and investment loans recorded an uptick in November 2020, in line with the recent rebound in housing prices, according to new data.

Lending bounces amid house price rebound: APRA
Bank granted foreign ADI licence

APRA has granted a new foreign authorised deposit-taking institution licence to an Italian banking group.

Bank granted foreign ADI licence
Non-major expects buying ‘frenzy’ in early 2021

Record-low interest rates and a rush demand may result in a buying “frenzy” this year, according to ME Bank’s head of home loans.

Non-major expects buying ‘frenzy’ in early 2021
Lenders outline their predictions for 2021

Given the turbulent and “unprecedented” 2020, we asked lender heads what they predict would be in store for the industry in 2021.

Lenders outline their predictions for 2021
‘First time in history’: RBA’s first gender-balanced board

Two more women have been appointed to the RBA’s board, making it “gender-balanced for the first time in history”, according to Treasurer Josh Frydenberg.

‘First time in history’: RBA’s first gender-balanced board
Judo Bank completes $280m capital raise

The SME lender has raised $280 million in its latest capital round, taking its post-money valuation to over $1.6 billion.

Judo Bank completes $280m capital raise
Fintech lender updates credit decisioning tech

A personal loans lender has upgraded its credit decisioning technology as it moves to grow its “lending as a service” solution.

Fintech lender updates credit decisioning tech
Major bank CFO quits, CEO ‘disappointed’

A big four bank’s chief financial officer has resigned to pursue a career elsewhere, leaving the bank's CEO “disappointed”.

Major bank CFO quits, CEO ‘disappointed’
Better borrowing power a boon for pre-Christmas sales

The recent reduction of a number of “floor rates” to under 5 per cent could see vendors receiving strong sales up to Christmas and again from early January, a network managing director has ...

Better borrowing power a boon for pre-Christmas sales
Fintech announces new CEO

Sandstone Technology has announced that it is promoting its chief customer officer, Michael Phillipou, to CEO.

Michael Phillipou
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