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The Regional First Home Buyer Guarantee, an addition to the Home Guarantee Scheme, kicks off on October 1, with an allocation of 10,000 places a year until June 2025. read more

NAB is the only one of the big banks to have grown home loan market share in recent months but one analyst reckons this growth, which has all come through brokers, will drive the bank’s margin lower. read more

Mortgage stress levels are rising, after falling to a record low in 2021, but are unlikely to rise to anywhere near the peak levels of the financial crisis, according to a Roy Morgan report. read more

The Office of the Australian Information Commissioner has proposed introducing a category of “soft inquiries” into the Credit Reporting Code, so that consumers can shop around for credit and get quote.. read more

Boutique asset manager Rixon Capital is the latest entrant in the thriving private credit market, offering “bespoke” deals in the market for A$2 million to $20 million business loans. read more

The Reserve Bank and Treasury are looking into the possibility of extending the Consumer Data Right to merchant acquiring services provided to small businesses. read more

Small business owners report that accessing suitable amounts of finance through traditional lenders remains challenging, with difficult approval processes and substantial collateral requirements. read more

The review of the Reserve Bank of Australia has raised the prospect of a separate monetary policy board, made up of monetary policy experts and economists, that would be distinct from the current RBA.. read more

ANZ’s ESG process, or at least the reporting of it, appears to lack rigour. Anyone trying to track the bank’s progress against some of its goals would struggle. read more

The government has followed up the introduction of the Financial Accountability Regime Bill 2022 last week with the release of a draft of Minister Rules for the regime, and has called for submissions. read more