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Owner-occupied lending lifted just $4bn in February amid rate hikes

Mortgage lending continued to increase in a rising rate environment, but only marginally, APRA data for February 2023 has revealed.

‘Competition concerns’ flagged in Suncorp-ANZ deal: ACCC

The competition watchdog is seeking further feedback before making a decision on ANZ’s proposed acquisition of Suncorp Bank.

Non-bank announces $37m capital raise

MONEYME has successfully launched a fully underwritten $37 million conditional equity placement.

Firstmac becomes substantial shareholder in BNK

The non-bank lender has increased its stake in listed bank BNK to nearly 20 per cent, as John Kolenda sells his shares and steps down from the board.

Millions of ID documents stolen in Latitude attack

Around 7.9 million driver’s licence numbers and hundreds of thousands of passport numbers have been stolen in the major cyber attack, Latitude has revealed.

BOQ announces new CEO

The Bank of Queensland Limited has revealed who its next chief executive and next chairman will be.

9 in 10 borrowers prefer ethical lenders

New research from Great Southern Bank has revealed a majority of borrowers would rather borrow from lenders with a commitment to ethical behaviour.

Major lenders in ‘best position’ to weather global banking crisis

A leading Australian fund manager says local lenders are well positioned but not immune to the banking crisis unfolding in the US and Europe.

Thinktank closes $750m RMBS issue

The specialist commercial and residential property lender has successfully closed its fourth residential mortgage-backed securitisation issue for $750 million.

Social media giant TikTok loses trademark case against lender

Chinese-owned social media platform TikTok has failed to convince IP Australia that mortgage provider Tic:Toc should change its name.

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