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Non-bank prices $615.9m asset finance transaction
17 December 2020
Non-bank prices $615.9m asset finance transaction

Pepper Group has priced a $615.9 million asset finance transaction, their fifth issuance in a record year.

Fintech exits banking industry
16 December 2020
Fintech exits banking industry

A neobank has announced its plans to return all funds to depositors and relinquish its ADI licence.

ME Bank announces new CEO
16 December 2020
ME Bank announces new CEO

ME Bank has announced that its former CFO has been made the permanent CEO of the bank.

NAB lending to FHBs soars
16 December 2020
NAB lending to FHBs soars

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.

Non-bank enters Japanese market with RMBS deal
16 December 2020
Non-bank enters Japanese market with RMBS deal

Resimac has entered the Japanese capital markets with a $1-billion RMBS deal, which comprises the lender’s fourth transaction for 2020.

RBA announces new assistant governor for business services
14 December 2020
RBA announces new assistant governor for business services

The Reserve Bank of Australia has announced that its current head of banking will become the new assistant governor for business services next year.

LATEST PODCAST: The arguments for and against the consumer credit reforms
14 December 2020
LATEST PODCAST: The arguments for and against the consumer credit reforms

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

NAB extends cashback offer
14 December 2020
NAB extends cashback offer

The major bank has extended its home lending refinance cash bonus by three months to April 2021.

AMP announces new CEO
11 December 2020
AMP announces new CEO

AMP has announced the appointment of Scott Hartley as CEO of AMP Australia, effective 11 January 2021.

Labor blasts responsible lending reforms
11 December 2020
Labor blasts responsible lending reforms

The federal opposition has argued that the removal of responsible lending obligations could instigate another round of predatory lending amid the introduction of the bill into Parliament.