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Auto loans have become the core of consumer lender Plenti Group’s business, making up 54 per cent of its originations during the September half-year. read more

The realignment of pricing in the mortgage market continued yesterday, when Westpac raised fixed interest rates for terms from one to five years – the third time in a month the bank has increased fixe.. read more

Comparison sites and commentators have given Money by Afterpay a lukewarm reception. read more

APRA has drawn a distinction between the way it applies macroprudential policy to regulated and non-regulated lenders, saying its objectives for non-ADI lenders are 'narrower' than for APRA-regulated.. read more

Australian households have larger liquidity buffers than in the past, which can help service higher debt levels, according to new Reserve Bank research. read more

ANZ has reduced variable home loan rates, with bigger cuts for borrowers on lower loan-to-valuation ratios. read more

All the talk in the market might be about inflation, rising bond yields and the likely timing of an RBA a cash rate increase, but deposit takers continue to push their rates lower. read more

Westpac accelerated the pace of digitisation in its retail banking business during the 2020/21 financial year, closing a large number of branches and doing more business online. read more

The Commonwealth Director of Public Prosecutions has discontinued proceedings against ANZ and its former treasurer Rick Moscati over alleged cartel conduct in relation to a share placement. read more

The Treasurer has stuck with his plan for a financial sector compensation scheme of last resort that is narrow in focus and will provide only limited relief to consumers. read more