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Lender

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Bank rules out cryptocurrency lending

by Reporter • 12 Mar 2018
Teachers Mutual Bank has announced that, effective today, a number of changes will be made to its lending policy... READ MORE
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Major banks cut fixed rates

by Reporter • 9 Mar 2018
Two major banks have announced rate cuts of up to 50 basis points to their fixed rate home loan offerings. READ MORE
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Broking group to appear before royal commission

by Reporter • 9 Mar 2018
Smartline will be the first broking group to appear at the first round of public hearings for the Royal Commission into... READ MORE
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ASIC to force lenders into involuntary liquidation

by Reporter • 8 Mar 2018
The financial services regulator has filed a court order that could force several car financiers into involuntary... READ MORE
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ANZ sees ‘merit’ in best interest duty

by Reporter • 7 Mar 2018
Applying best interest obligations to brokers could help preserve the integrity of the third-party channel, according... READ MORE
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Rate transparency could ‘diminish’ broking industry

by Tas Bindi • 5 Mar 2018
The Bank of Queensland has told the Productivity Commission that greater visibility of mortgage rates could make the... READ MORE
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Financial planners not needed in credit space: CBA

by Reporter • 5 Mar 2018
Bringing financial planners into the credit space would be unnecessary, according to a Commonwealth Bank... READ MORE
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Online SME lender hits $10m milestone

by Reporter • 2 Mar 2018
A non-bank lender has delivered $10 million in small business funding in its first 18 months of operation. READ MORE
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Court finds major bank breached NCCP

by James Mitchell • 1 Mar 2018
The Federal Court in Melbourne has published its findings and reasons for ordering ANZ to pay a penalty of $5 million... READ MORE
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Filling ‘data gap’ would benefit broking, say associations

by Reporter • 28 Feb 2018
Improving transparency and the data available on the broking industry and banking is “in everyone’s interests”... READ MORE