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Royal commission ‘opens the banks up to class actions’: UBS
by Reporter • 20 Feb 2018
If evidence of “mortgage mis-selling and irresponsible lending” is found during the royal commission, the banks...
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NAB, Advantedge tighten mortgage lending criteria
by Staff Reporter • 19 Feb 2018
The major bank has reduced its loan-to-income (LTI) ratio in response to regulatory concerns about Australia’s high...
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Macquarie and ING announce rate changes
by Reporter • 16 Feb 2018
The two lenders have made a broad range of changes to interest rates offered on their home loans.
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Non-bank lender says NPP will be ‘transformative’ for SMEs
by Staff reporter • 16 Feb 2018
The introduction of the New Payments Platform could transform the way SMEs conduct business in a number of key areas,...
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Suncorp’s profits fall as loan book thickens
by Reporter • 15 Feb 2018
Suncorp Bank has recorded a profit loss in the first half of the 2018 financial year, down by 16 per cent from the...
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Royal commission points to big bank dominance
by Tim Stewart and Tas Bindi • 13 Feb 2018
The royal commission into banking has released its first publication, laying out the market dominance of Australia’s...
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Warning issued over shadow shopper scam
by Reporter • 13 Feb 2018
The Australian Securities and Investments Commission has warned the public to be wary of scammers claiming to...
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La Trobe Financial FUM surpasses $5bn milestone
by Reporter • 13 Feb 2018
The non-bank lender has revealed that its retail credit fund has tripled its funds under management over the last three...
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Banks to waive NDAs in royal commission
by Annie Kane and Killian Plastow • 9 Feb 2018
Australia’s four major banks have announced that they won’t enforce confidentiality obligations or non-disclosure...
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Adelaide Bank clarifies serviceability calculator changes
by Staff reporter • 9 Feb 2018
The regional bank has clarified that its changes to serviceability calculations will only apply to new loan...
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