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Ombudsman ‘disappointed’ with SME definition in new banking code

by Reporter • 3 Aug 2018
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has welcomed the Australian Securities... READ MORE

Victorians continue to lead variable rate mortgage drive

by Reporter • 2 Aug 2018
According to the brokerage’s latest national home loan approval data, variable rate home loans accounted for 88.1... READ MORE

Credit squeeze flagged as greatest threat to business growth

by Reporter • 2 Aug 2018
Research from Ernst & Young’s annual Growth Barometer, which surveyed 2,766 business leaders across 21... READ MORE

PC weighs in on impacts of open banking on SMEs

by Reporter • 27 Jul 2018
In his recent address to the Melbourne Money and Finance Conference 2018, commissioner Stephen King said that while... READ MORE

‘Keep an eye on Australia’s mini credit crunch’: Deloitte

by James Mitchell • 23 Jul 2018
The latest Deloitte Access Economics’ Business Outlook reveals that rising global interest rates are combining... READ MORE

Regional bank asks APRA to change agribusiness standards

by Tas Bindi • 19 Jul 2018
In its written submission to the financial services royal commission this week, Bendigo and Adelaide Bank suggested... READ MORE

AFM appoints new head of mortgage distribution

by Reporter • 17 Jul 2018
Troy McLachlan, who was COO at Better Choice Home Loans and Future Financial for 10 months over 2016–17 and... READ MORE

IO borrowers increasingly turning to friends for finance

by Reporter • 12 Jul 2018
Writing in a bulletin titled Profiling Australia’s ‘interest-only’ borrowers, Westpac senior economist Matthew... READ MORE

‘Impractical’ credit rules could victimise borrowers

by James Mitchell • 11 Jul 2018
Speaking to The Adviser, Go Mortgage director and principal Xavier Quenon explained that consumers could be left... READ MORE

Bank grilled over seizure of farmer’s home

by Reporter • 29 Jun 2018
Fronting the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry on... READ MORE

Investors abandon interest-only loans

by Reporter • 28 Jun 2018
Comparison website RateCity analysed the latest APRA property exposures figures and found that at least 48.5 per cent... READ MORE

ANZ sells SME banking business

by Reporter • 27 Jun 2018
Kina Bank, a wholly owned subsidiary of Kina Securities Limited, a PNG company listed on the Australian and Port... READ MORE

Businesses digging deep as bank fees soar

by • 22 Jun 2018
Since 1997, the Reserve Bank of Australia (RBA) has conducted an annual survey of bank fees. On the back of a small... READ MORE

Future credit tightening to be ‘modest’: RBA

by Reporter • 21 Jun 2018
In minutes released from the Reserve Bank of Australia (RBA) June board meeting, the central bank made reference to... READ MORE

Former credit rep permanently banned

by Reporter • 18 Jun 2018
The Australian Securities and Investments Commission (ASIC) has permanently banned former credit representative Mr... READ MORE
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