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CBA-owned fintech backs home buying start-up
30 November 2020
CBA-owned fintech backs home buying start-up

A start-up company that purchases homes for home buyers has secured funding from x15ventures after winning the fintech’s program for entrepreneurs and start-up teams.

Major cyber breach in finance inevitable: APRA
30 November 2020
Major cyber breach in finance inevitable: APRA

To date, no APRA-regulated bank, insurer or superannuation fund has suffered a substantial cyber attack, but APRA executive board member Geoff Summerhayes has warned that a lack of ...

Major cyber breach in finance inevitable: APRA
30 November 2020
Major cyber breach in finance inevitable: APRA

To date, no APRA-regulated bank, insurer or superannuation fund has suffered a substantial cyber attack, but APRA executive board member Geoff Summerhayes has warned a lack of ...

Qld-based lender cuts fixed rates
27 November 2020
Qld-based lender cuts fixed rates

The member-owned bank has reduced rates on fixed rate and variable home loans in response to the RBA’s official cash rate cut announced on Melbourne Cup Day.

Heritage CEO warns of ‘buy now, pay later’ perils
27 November 2020
Heritage CEO warns of ‘buy now, pay later’ perils

While launching a new credit card offer, the CEO of a mutual bank has warned of the potential perils of “buy now, pay later” offerings.

Westpac Group cuts fixed rates
26 November 2020
Westpac Group cuts fixed rates

Westpac and its subsidiaries have reduced its owner-occupied and investment property fixed home loan rates, effective 24 November.

Mutual bank appoints two new directors
26 November 2020
Mutual bank appoints two new directors

Defence Bank has appointed two new board directors and announced the retirement of long-term director Lieutenant Colonel Craig Madden.

Private lending trend analysis: residual stock
25 November 2020
Private lending trend analysis: residual stock

The director of private commercial lender Semper, Andrew Way, reveals there has been a noticeable increase in applications for residual stock loans during the third quarter and why he sees ...

Reverse mortgage lenders highlight ‘solution’ to retirement income
25 November 2020
mortgagebusiness

Following the release of the Retirement Income Review, two reverse mortgage lenders have emphasised how these products could provide Australians with more money in retirement.

FinTech Australia teams with Newcastle Permanent
25 November 2020
FinTech Australia teams with Newcastle Permanent

The industry body has signed on customer-owned financial institution Newcastle Permanent as a partner.