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First home buyers are increasingly attracted to “alternative pathways” to home ownership, such as shared equity, according to a survey conducted by lenders mortgage insurer Helia. read more

Foreign exchange company OFX has completed its acquisition of payments start-up Paytron Holdings, giving it an entry into the payments card market. read more

The number of mortgage lenders offering cashbacks has fallen to 15, after reaching a high of 35 in March, comparison site RateCity reports. read more

The Australian Securities and Investments Commission has called on banks to do more to help customers in Indigenous communities access low-fee transaction accounts, after finding that many Indigenous.. read more

Home loan borrowers continue to change lenders in large numbers, with the ABS reporting that growth in the value of external refinancing in May was twice the rate of new lending. read more

Households and businesses have shifted their savings from transaction accounts to high-yield savings and term deposit accounts this year, a trend that it will make it harder for banks to hold on to th.. read more

APRA deputy chair Helen Rowell is finishing up at the regulator today, June 30. Rowell worked at APRA for 21 years and was appointed deputy chair in 2015. read more

The government has responded to a review of de-banking in Australia, backing recommendations that banks provide data to APRA when they withdraw banking services and improve their transparency and fair.. read more

Fixed-rate home loan interest rates rises are outpacing variable rate changes this month. read more

The Australian Business Securitisation Fund will receive its final funding tranche of A$500 million on July 1, taking the balance of its investment account to $2 billion. Little of it has been investe.. read more