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Australian banks’ assets grew by 17.5 per cent in the 06/07 financial year, driven by strong growth in housing loans.
Lending for housing continues to be a strong area for both banks and mutuals, with APRA's Quarterly Credit Union and Building Society Performance report released on Tuesday revealing similarly strong growth in housing loans for mutuals.
Major bank overhauls assessment process
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Ignorance of extended asset write-off a boon for brokers
More than a third of SMEs are unaware of the extended instant ass...
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