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Non-major bank announces new CEO

A new chief executive officer will take over the helm at an agricultural lender following the retirement of the current leader, Peter Knoblanche.

ANZ appoints new head of commercial

The former executive general manager of small-business banking at CBA has joined ANZ as its new group executive for commercial banking in Australia.

ANZ appoints new head of commercial
CBA becomes 1st major to offer Victorian Homebuyer Fund

The major bank has announced that it will be accepting applications for the Victorian Homebuyer Fund, the first of the big four banks.

CBA becomes 1st major to offer Victorian Homebuyer Fund
Big 4 banks pass on rate hike

The major banks have announced changes to interest rates following the central bank’s most recent rate rise of 25 bps.

Big 4 banks pass on rate hike
‘Suboptimal and de-stabilising’ for BOQ head to remain: BOQ chairman

Following the rapid exit of its former MD and chief executive, the Bank of Queensland chairman has responded to shareholders.

‘Suboptimal and de-stabilising’ for BOQ head to remain: BOQ chairman
Risk characteristics of mortgage lending ‘improving’, notes APRA

The banks wrote fewer high loan-to-value ratio mortgages and decreased high debt-to-income lending over the September quarter, which the prudential regulator has welcomed.

Risk characteristics of mortgage lending ‘improving’, notes APRA
South Australians offered $1k flood grant

NAB has opened applications for $1,000 grants for flood-impacted customers in declared disaster areas of South Australia.

South Australians offered $1k flood grant
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Aged Australians focus in largest retirement home-equity ‘boost’

Household Capital will now provide both federal government Home Equity Access Scheme and household loans to older Aussies, it has announced. 

Aged Australians focus in largest retirement home-equity ‘boost’
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