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Jun 3 2022
The reverse mortgage provider has confirmed its $154.4 million purchase of the agri lender, expanding its overall presence in Australia.
Jun 1 2022
It’s been one year since the merger of Aussie and Lendi to form Lendi Group, and the benefits have already flowed in the brokers’ direction, as they harness the combined strength of the ...
Jun 1 2022
NAB’s efforts to secure Citigroup’s Australian consumer bank for $1.2 billion have come to fruition.
Jun 1 2022
The major bank has recorded another drop in its owner-occupied book after falling by around $300 million in April, according to APRA stats.
May 31 2022
Although higher mortgage rates will bring in more earnings for the banks, S&P has warned the mutual sector will still be slapped down by competition and elevated funding costs.
May 31 2022
Two of Australia’s big four banks have tightened their debt-to-income threshold amid rising interest rates.
May 30 2022
The non-major bank has bumped up its investment in digital features for brokers, signalling that it is set to roll out online ID checks and auto-credit decisioning.
May 30 2022
BT personal and corporate super are to merge with Mercer, and Advance Asset Management is to be sold, as Westpac shakes up its super businesses
May 27 2022
In the face of ever-increasing competition from fintechs in the buy now, pay later space, NAB has nabbed its share by launching its first BNPL product.
May 26 2022
The big four bank is decreasing its debt-to-income threshold to “meet regulatory obligations” and “lend responsibly”.
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