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Bank cuts fixed home loan rates
24 November 2020
Bank cuts fixed home loan rates

A non-major bank has joined others in reducing fixed home loan interest rates in response to the RBA’s Melbourne Cup Day rate cut.

Responsible lending removal: The pros and cons
23 November 2020
Responsible lending removal: The pros and cons

The proposal to overhaul responsible lending obligations has been met with mixed reaction, with many welcoming its ability to speed up the flow of credit while others have warned against ...

Bank capital adequacy ratios to change
23 November 2020
Bank capital adequacy ratios to change

The prudential regulator has revealed that it will change bank capital adequacy ratios from next month, with a particular focus on housing loans.

Harmoney lists on the ASX
20 November 2020
Harmoney lists on the ASX

A marketplace lender has announced that it has listed on the ASX following its IPO.

NSW to offer interest-free loans in cladding removal project
20 November 2020
NSW to offer interest-free loans in cladding removal project

The NSW government has said that it will provide building owners with “high-risk combustible cladding” with access to interest-free loans solely for the use of rectifying combustible ...

Biggest issue for ASIC is lack of CEO
19 November 2020
Biggest issue for ASIC is lack of CEO

The leadership and governance structure of the financial services regulator was a key point of focus during a parliamentary hearing on Wednesday (18 November).

Neo-lender applies for RADI
19 November 2020
Neo-lender applies for RADI

Personal loan lender Alex has revealed that it has applied for a restricted authorised deposit-taking institution licence.

Joust appoints new head of sales, farewells co-founder
18 November 2020
Joust appoints new head of sales, farewells co-founder

The home loan auction marketplace has appointed a new head of sales to replace Mark Bevan, who has announced that he will step down from the company.

NAB partners with fintech lender
18 November 2020
NAB partners with fintech lender

The big four bank has announced a collaboration with a fintech lender that supports early stage start-ups with funding opportunities to kickstart their businesses.

1 in 5 prioritises ‘buy now, pay later’ payments
17 November 2020
1 in 5 prioritises ‘buy now, pay later’ payments

Twenty-two per cent of “buy now, pay later” customers have prioritised paying this debt off over loan repayments or bills.