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Moving to greater clarity on HEM
The landmark Westpac decision provides timely support to inject safety and speed back to the nation’s credit flow, writes Deloitte’...
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Borrower code needed in responsible lending
The ASIC/Westpac case in responsible lending has highlighted that there should be some level of onus on the borrower to ensure...
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RBA remains “disappointed” with big bank buy-in on NPP
The central bank remains disappointed with the progress made by some major banks on the New Payments Platform and expect...
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ANZ’s loan growth "underwhelms"
ANZ’s third quarter fiscal 2019 numbers revealed home loan growth softer than peers as headwinds to credit growth continue to "cast...
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TransferWise tackle fees and exchange rates with new debit card
Online money transfer service, TransferWise launched a debit card in Australia on Thursday allowing millions to access money across...
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Government opens up CCR for consultation
The government is now seeking views on the draft comprehensive credit reporting legislation including associated hardship...
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Former ING CEO joins MyState board
The former CEO of ING Direct Australia Vaughn Richtor will join the board of MyState as non-executive director.
“He...
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Risk of house price falls abating but climate risks need to be confronted: RBA
In an assessment of the key risks around the outlook for Australia’s economy, the Reserve Bank of Australia Deputy Governor Guy...
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Australians still confused on credit scores
The latest CreditSmart survey revealed Australians are still confused about credit reporting with nearly three quarters of...
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SME lending growth for NAB underpins revenue lift
National Australia Bank reported cash earning of $1.65 billion, up 1 per cent with revenue also up 1 per cent.
In...
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Asian business potential lost in translation
The Commonwealth Bank head of Asian business banking, Jonathan Yeung said current business opportunities that exist in Asia are...
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S&P maintains watch on AMP but sees some positives
S&P Global Ratings have stated AMP’s current group strategy will see AMP Bank become a larger and more integrated player after...
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