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Barclays to open branch in Australia next year

A UK major bank has been granted a foreign banking licence to operate in Australia, with a Sydney branch set to open in April 2022.

Barclays to open branch in Australia next year
Granite Home Loans co-founder runs for Strathfield seat

Bridget Sakr, the co-founder of Granite Home Loans, has been named the new Liberal candidate for Strathfield.

Granite Home Loans co-founder runs for Strathfield seat
Butn partners with business messaging provider

The arrangement aims to introduce its product across OZEDI’s 50,000-plus customer base.

Butn partners with business messaging provider
ACCC chases lenders behind on open banking schedule

The competition watchdog has watched all banks who have not kept up with its open banking roll out, warning of potential enforcement actions for non-compliance.

ACCC chases lenders behind on open banking schedule
LATEST PODCAST: Moving on investors

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Moving on investors
Investor loans edging close to peak: ABS

New housing loans for investors reached $9.7 billion in October, the highest level since April 2015, while owner-occupier mortgages continued to decline.

Investor loans edging close to peak: ABS
Westpac CEO appointed ABA chair

The banking association has named the major bank’s chief executive as its next chair.

Westpac CEO appointed ABA chair
Teachers Mutual pushes through $10bn ceiling

The mutual bank has confirmed that it has reached a milestone figure of $10 billion in assets.

Teachers Mutual pushes through $10bn ceiling
Mutuals step up mortgage lending

The property market boom has boosted the home loan businesses of Australian mutual banks, according to a new analysis.

Mutuals step up mortgage lending
ScotPac breaks into mortgages

The non-bank lender has launched into residential mortgage lending as it expands its product suite and offering to SMEs.

ScotPac breaks into mortgages
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