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Bank boss on acquisition path
The managing director of a non-major lender says M&A activity in the mutuals space is “inevitable” and has revealed the bank’s future acquisition plans.
ECONOMY • Sun, 11 Sep 2016
Low interest rates drive surge in fixed rate home loans
Fresh figures have revealed that the current low interest rate environment continues to drive demand for fixed rate home loans, which accounted for 20.32 per cent of all ...
Capital shortfall approaching GFC levels, warns economist
An esteemed American economist and Nobel Laureate says slow growth and the climbing capital shortfall of international financial groups poses a serious risk to the global ...
ECONOMY • Thu, 08 Sep 2016
Mortgage broker convicted for fraud
A former mortgage professional has been convicted and sentenced on 18 charges involving the submission of false or misleading information to banks.
REGULATION • Tue, 06 Sep 2016
RBA surprises experts with cash rate call
The Reserve Bank of Australia has delivered an unexpected decision at its monthly board meeting.
ECONOMY • Tue, 06 Sep 2016
RBA makes cash rate announcement
The Reserve Bank of Australia has delivered the decision of its monthly board meeting.
Rates to hold until 2017
According to analysis by a mortgage comparison site, the Reserve Bank is likely to keep the official cash rate on hold today as it waits for the August cut to flow ...
ECONOMY • Mon, 05 Sep 2016
2 in 3 Aussies don’t understand comparison rate
A recent survey has revealed that the vast majority of homebuyers could be missing out on the best loans due to low levels of financial literacy.
ECONOMY • Sun, 04 Sep 2016
Non-major bank cuts rates
A non-major lender has today announced that it will cut interest rates across its commercial product range, effective from 5 September.
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