Dec 22 2020
The non-bank lender has rejected the assertions made by ASIC that some of its historical advertising for certain products of its credit fund may have been misleading, outlining that it will ...
Dec 21 2020
Senator Jane Hume has been promoted to Minister for Superannuation, Financial Services and the Digital Economy, as part of Prime Minister Scott Morrison’s cabinet reshuffle.
Dec 18 2020
NAB’s $1-billion sale of MLC Wealth to IOOF is set to go ahead after the competition commission said it would not oppose it.
Dec 18 2020
A non-major bank has topped the banking sector overall in customer satisfaction, with the big four trailing behind, according to new data.
Dec 17 2020
Online brokerage Lendi and franchise brokerage Aussie will remain as separate brands under the proposed merger, with Lendi technology eventually underpinning the two, CEO David Hyman has ...
Dec 16 2020
A neobank has announced its plans to return all funds to depositors and relinquish its ADI licence.
Dec 16 2020
ME Bank has announced that its former CFO has been made the permanent CEO of the bank.
Dec 16 2020
Lending to first home buyers has surged at a major bank amid record-low rates, a brief dip in housing prices and new government incentives, according to data.
Dec 16 2020
Resimac has entered the Japanese capital markets with a $1-billion RMBS deal, which comprises the lender’s fourth transaction for 2020.
Dec 14 2020
The Reserve Bank of Australia has announced that its current head of banking will become the new assistant governor for business services next year.
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