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Lender
COVID-19 debt relief measures to change this week
by Annie Kane • 29 Dec 2020
Temporary changes to debt relief and bankruptcies brought into being in March will cease on Friday, with the bankruptcy...
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Non-bank lender adopts digital compliance tech
by Sarah Buckley • 24 Dec 2020
A non-bank lender has said that it is moving to “speed up and streamline” loan applications after adopting digital...
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Two-thirds of support line callers were seeking finance help
by Annie Kane • 21 Dec 2020
The majority of small businesses that called the Financial Counselling Support Line this year needed help accessing...
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Bank relinquishes banking licence
by Annie Kane • 17 Dec 2020
A fintech is set to return money to its depositors and relinquish its ADI licence as it moves to “focus on other...
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Bank appoints new CEO
by Annie Kane • 15 Dec 2020
ME Bank has today announced the appointment of a new CEO, effective immediately.
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Westpac issues ‘our own doing’: chairman
by Malavika Santhebennur • 15 Dec 2020
The Westpac chairman has acknowledged the shortcomings in its risk management and compliance, and said many issues were...
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COVID-19 dampens BOQ FY20 results
by Malavika Santhebennur • 9 Dec 2020
The non-major has reported a substantial decline in its FY20 results amid a challenging environment, but its total...
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CBA given licence for Dutch subsidiary
by Malavika Santhebennur • 8 Dec 2020
The major bank has been granted a banking licence for its Dutch subsidiary, which it said would provide better access...
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Lenders should prompt borrowers to review rate: ACCC final report
by Annie Kane • 7 Dec 2020
The final Home Loan Price Inquiry report recommends that lenders should regularly prompt customers whose loans are...
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Non-major sponsors financial wellness research
by Malavika Santhebennur • 7 Dec 2020
Teachers Mutual Bank Ltd has partnered with a financial wellness platform to deliver insights into financial...
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