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Oct 27 2014
The federal government has rejected recommendations to establish a royal commission into the Commonwealth Bank following its widely publicised financial planning scandal.
Oct 24 2014
HomeStart Finance has announced graduate loans that require a deposit as small as three per cent.
Oct 23 2014
Two lenders have agreed to change their operating models following an ASIC intervention.
Oct 23 2014
Online lender loans.com.au has broken new ground with the launch of its ‘value pack’ that adds free property reports, financial planning, and a conveyancing voucher to its mortgages.
Oct 22 2014
The Reserve Bank gave little indication of its plans to rein in investor lending in the minutes of its October 7 board meeting.
Oct 21 2014
Former prime minister Paul Keating has weighed in on the issue of investor lending by calling on the government to rein in borrowing by SMSFs.
Oct 20 2014
CBA chief executive Ian Narev has spoken frankly about the importance of consumer trust, following revelations about poor financial advice within the bank earlier this year.
Oct 17 2014
Australian banks that rely on overseas wholesale funding will not be negatively impacted by a weaker Australian dollar.
Oct 16 2014
NAB is one step closer to offloading US lender Great Western Bank (GWB) after floating the bank on the New York Stock Exchange at US$18 per share.
Oct 15 2014
With the Financial System Inquiry’s final report due next month, Mortgage Business considers the possible outcomes for the mortgage industry.
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