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Lender
Banks put heads together to ease switching
by Francesca Krakue • 14 Mar 2017
Lenders and other stakeholders have come together at an inaugural roundtable to discuss new initiatives aimed at...
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Major banks’ plan to scrap commissions ‘highly unlikely’
by James Mitchell • 13 Mar 2017
Recent media reports claiming that the major banks are planning to scrap broker commissions have been slammed by a...
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Former bank CEO joins P2P lender
by Reporter • 13 Mar 2017
Peer-to-peer lender RateSetter has appointed former ING Direct chief executive Vaughn Richtor to its Australian board...
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Lenders have ‘substantial work to do’: ASIC
by Reporter • 10 Mar 2017
Australian lenders, including the four major banks, have “substantial work” to do to eliminate unfair terms from...
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Westpac boss grilled over jailed home loan manager
by James Mitchell • 9 Mar 2017
Westpac CEO Brian Hartzer has been asked to explain why one of the bank’s former employees was recently jailed for...
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Tracker mortgages ‘commercially unattractive’: ANZ chief
by James Mitchell • 8 Mar 2017
ANZ CEO Shayne Elliott has explained how the group “looked hard” at launching tracker mortgages before it realised...
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RBA to hold but banks to hike rates: survey
by Staff reporter • 7 Mar 2017
The Reserve Bank is likely to sit on the sidelines at today’s board meeting and impose no cash rate change for March,...
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Major aggregator partners with P2P lender
by Francesca Krakue • 7 Mar 2017
One of Australia’s largest aggregation groups has announced a partnership with retail peer-to-peer lender RateSetter,...
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SME lender sees high levels of client attrition
by James Mitchell • 3 Mar 2017
An ASX-listed SME lender has seen a fall in client numbers after implementing its own credit policies on a number of...
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Major bank in court over home lending
by Staff reporter • 3 Mar 2017
ASIC has commenced civil penalty proceedings in the Federal Court against a big four bank for a number of...
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