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New mortgage lending has risen for the third month in a row, with the Australian Bureau of Statistics reporting that the value of new housing loan commitments rose 12.6 per cent in August, compared wi.. read more

Comparison site operator iSelect will pay an $8.5 million penalty for making false and misleading representations about its electricity comparison service. read more

Accounting software company Intuit is the latest company to receive ACCC accreditation to operate as a data recipient under the Consumer Data Right. read more

Once a sector struggling to maintain its government funding, financial counsellors have received funding in the budget to allow them to provide services to drought affected farmers, develop microfinan.. read more

The credit card market continued its decline in August, with further falls in account numbers, the value of purchases and balances. read more

After breaking new ground in the securitisation market in July, with the first RMBS issue backed entirely by loans to self-managed superannuation funds, Columbus Capital has followed up with an issue.. read more

Commonwealth Bank had 7.4 per cent of home loans in its portfolio on deferral arrangements at the end of August. read more

A unit of Bendigo and Adelaide Bank handling the collection of loans to investors in Great Southern Plantations schemes has been called out by the Banking Code Compliance Committee for “systemic and s.. read more

The Australian Banking Association has welcomed the announcement of the government’s digital business plan but when it comes to the details not much of the ABA’s wishlist has made it into the plan. read more

Heritage Bank has decided to slow its branch expansion in the face of the pandemic but has not given up on its plan to have a physical presence in Sydney and Melbourne. read more